Earnings Alerts

NTT (9432) Earnings: 3Q Operating Income Falls Short of Estimates

By February 8, 2024 No Comments
  • NTT’s 3rd quarter operating income was 535.24 billion yen, which did not meet the estimated 553.89 billion yen.
  • The net income was reported at 340.27 billion yen, which was also below the estimated 351.04 billion yen.
  • However, net sales managed to exceed estimates, with a total of 3.35 trillion yen compared to the estimated 3.31 trillion yen.
  • The company’s year forecast remains the same, with an expected operating income of 1.95 trillion yen.
  • The forecast for net income remains at 1.26 trillion yen, slightly lower than the estimated 1.28 trillion yen.
  • They also estimate net sales to be 13.06 trillion yen, which is lower than the estimated 13.23 trillion yen.
  • The dividend is projected to be 5.00 yen, which is slightly less than the estimated 5.11 yen.
  • NTT’s shares have received 14 buys, 4 holds, and 2 sells.
  • All comparisons to past results are based on values reported by the company’s original disclosures.

NTT (Nippon Telegraph & Telephone) on Smartkarma

NTT (Nippon Telegraph & Telephone) has recently been a topic of discussion among top independent analysts on Smartkarma, an independent investment research network. David Blennerhassett, a provider on the platform, shared insights on the company’s recent agreement with Docomo, stating that the terms may not be favorable for minorities, but also not egregiously bad. He also mentions the market’s low valuation of People’s Insurance (PICC), attributing it to its steady and profitable operations. Another provider on Smartkarma, Travis Lundy, shares a bullish sentiment on NTT, citing a recent buyback announcement and comments from a LDP politician about the government potentially selling NTT shares. While NTT’s Q1 results were not fantastic, the buyback and potential government sell-down are seen as positive developments for the company.


A look at NTT (Nippon Telegraph & Telephone) Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience2
Momentum4
OVERALL SMART SCORE3.0

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

Nippon Telegraph & Telephone (NTT) is a leading telecommunications company in Japan, providing a range of services such as telephone, telegraph, data communication, and more. The company has been given a Smartkarma Smart Score of 3 for Value, Dividend, and Growth, indicating a stable outlook for these factors. This means that NTT is expected to continue performing well in terms of its financials, dividends, and growth potential in the long term.

In addition, NTT has also received a Smart Score of 2 for Resilience, which measures the company’s ability to withstand and recover from any potential challenges or disruptions. While this score is slightly lower than the others, it still shows that NTT is considered to be a reliable and resilient company in the long run.

Lastly, NTT has been given a high Smart Score of 4 for Momentum, which indicates a positive outlook for the company’s recent performance and future prospects. This suggests that NTT is on a strong upward trend and is expected to continue its momentum in the coming years.

In summary, NTT is a well-established telecommunications company in Japan with a solid financial standing and growth potential. Its strong momentum and resilience, combined with stable performance in key areas, make it a promising investment for the long term.


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars