- Fanuc has increased its full-year operating income forecast, expecting it to reach 175.90 billion yen, up from a previous forecast of 159.50 billion yen. Analysts’ estimate was 170.67 billion yen.
- The company’s forecast for net income is now 157.30 billion yen, an increase from the prior outlook of 143.00 billion yen. This is higher than analysts’ estimated net income of 153.11 billion yen.
- Fanuc’s expected net sales for the year have been adjusted to 818.80 billion yen, rising from the prior forecast of 807.00 billion yen. The analysts’ estimate was 815.12 billion yen.
- In the second quarter, Fanuc reported an operating income of 43.54 billion yen, marking a 2.1% increase year-over-year, surpassing the estimate of 41.34 billion yen.
- Net income for the second quarter was 41.98 billion yen, which is also a 2.1% year-over-year increase, beating the estimated 38.45 billion yen.
- The company achieved net sales of 211.21 billion yen in the second quarter, showing a 9.5% year-over-year increase, exceeding the projected 200.25 billion yen.
- Market sentiment towards Fanuc shares remains positive with 17 buy ratings, 7 hold ratings, and 1 sell rating from analysts.
A look at Fanuc Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts at Smartkarma have given Fanuc Corp a positive long-term outlook based on their Smart Scores. With a high Momentum score of 5, the company is showing strong performance and growth potential in the market. Additionally, Fanuc scored well in Resilience with a score of 4, indicating that the company is able to withstand economic challenges and maintain stability.
While the Value score of 2 suggests that Fanuc may not be currently undervalued compared to its peers, the Dividend and Growth scores of 3 each show that the company is providing steady dividends to investors and has the potential for future expansion. Overall, Fanuc Corp‘s profile as a manufacturer of factory automation systems and robots positions it well for continued success in the industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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