- Open House‘s third-quarter operating income was 28.47 billion yen, marking a 14% increase year-over-year and matching analysts’ estimates.
- The company’s net income for the third quarter was 24.01 billion yen, surpassing estimates of 21.56 billion yen, reflecting a significant 44% increase year-over-year.
- Net sales totaled 296.29 billion yen, representing a 1.4% year-over-year increase, though this was below the estimated 309.58 billion yen.
- The year-end forecast for operating income remains at 143.00 billion yen, slightly below the estimate of 145.52 billion yen.
- Open House anticipates year-end net income to be 100.00 billion yen, slightly trailing behind the estimate of 101.28 billion yen.
- The expected net sales for the year are projected at 1.31 trillion yen, just under the estimated 1.32 trillion yen.
- The company maintains its dividend forecast at 178.00 yen, slightly less than the estimated dividend of 179.13 yen.
- Current investment recommendations include 4 buys, 3 holds, and 1 sell.
A look at Open House Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| 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
Open House Co., Ltd., a real estate services provider, seems to be positioned steadily for the long term based on an analysis using Smartkarma Smart Scores. The company receives an average outlook across key factors: Value, Dividend, Growth, and Resilience, all scoring a three out of five. This suggests a balanced performance in these areas. Notably, Open House excels in Momentum with a top score of five, indicating a strong upward trend or positive market sentiment.
With a solid foundation in real estate services such as renting, buying, selling, and appraising properties, Open House appears to have a promising future. The higher Momentum score could indicate positive investor interest or market performance, potentially driving the company towards continued growth and 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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