Earnings Alerts

Mazda Motor (7261) Earnings: 3Q Operating Income Misses Estimates Despite 30% Increase Year-On-Year

By February 9, 2024 No Comments
  • Mazda’s 3Q operating income was 70.59 billion yen, which is a 30% increase year-on-year but missed the estimate of 78.59 billion yen.
  • The net income stood at 57.36 billion yen, significantly up from 17.71 billion yen year-on-year and surpassed the estimate of 48.31 billion yen.
  • Net sales reached 1.25 trillion yen, marking a 19% rise year-on-year and beating the estimate of 1.23 trillion yen.
  • For the year forecast, Mazda maintains its operating income prediction at 250.00 billion yen, which is lower than the estimated 273.13 billion yen.
  • The company also maintains its net income forecast at 170.00 billion yen, less than the estimated 191.94 billion yen.
  • Mazda continues to forecast net sales at 4.80 trillion yen, which is lower than the estimated 4.89 trillion yen.
  • The automaker also holds its dividend forecast at 50.00 yen, which is less than the estimated 55.36 yen.
  • There have been 5 buys and 10 holds on Mazda’s stock, with no sells reported.
  • All comparisons to past results are based on values reported by the company’s original disclosures.

A look at Mazda Motor Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth5
Resilience4
Momentum4
OVERALL SMART SCORE4.4

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

Mazda Motor Corporation, a global automobile company, has received positive scores in key areas according to Smartkarma’s Smart Scores. The company has been rated a 5 for Value, indicating a strong outlook for its financial performance. This is supported by a score of 5 for Growth, suggesting potential for continued expansion and success in the market. Additionally, Mazda Motor has received a score of 4 for Dividend, showing its commitment to providing returns to its shareholders.

Furthermore, Mazda Motor has been given a score of 4 for Resilience, indicating its ability to withstand market fluctuations and maintain stability in the long run. This is further supported by a score of 4 for Momentum, suggesting the company’s potential for continued growth and success in the future. With these positive scores in key areas, Mazda Motor is well-positioned for long-term success in the global automotive industry.

Mazda Motor Corporation is a global company that manufactures and sells automobiles, trucks, auto parts, and accessories. With a strong focus on value, growth, and resilience, the company has received high scores in these areas, indicating a positive outlook for its long-term performance. Additionally, Mazda Motor has shown its commitment to providing returns to its shareholders with a strong score in Dividend. With these positive scores, Mazda Motor is well-equipped to continue its success in the global market.


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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