- SCSK Corporation has revised its full-year operating income forecast to 66.5 billion yen, surpassing both last year’s figure of 62 billion yen and analysts’ estimates of 62.43 billion yen.
- The company also projects a net income of 46.5 billion yen, up from the previous year’s 44.5 billion yen and higher than the anticipated 44.57 billion yen.
- Net sales are expected to reach 596 billion yen, showing a significant increase over last year’s 510 billion yen and exceeding the forecasted 521.18 billion yen.
- SCSK has raised its dividend expectation to 71 yen, compared to last year’s 68 yen and surpassing the estimated 69.4 yen.
- In the third quarter, SCSK reported an operating income of 15.94 billion yen, marking a 13% year-over-year increase, just above the 15.9 billion yen prediction.
- The company achieved a net income of 10.56 billion yen in Q3, a 7% increase compared to the previous year, though this was slightly below the forecast of 11.5 billion yen.
- Net sales for the third quarter were 133.32 billion yen, an 11% rise year-over-year, outperforming the estimated 127.32 billion yen.
- Market sentiment remains positive, with 6 buy ratings, 7 holds, and no sell recommendations for SCSK’s stock.
A look at Scsk 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
Scsk Corp, a company offering IT services like system solutions and software development, has been assessed using the Smartkarma Smart Scores. With a particularly strong momentum score of 5, Scsk Corp demonstrates an impressive ability to maintain and build upon its current performance in the long term. This signals a positive outlook for the company in terms of its market traction and growth potential.
Moreover, Scsk Corp shows resilience with a score of 4, suggesting that it has the capability to weather challenges and remain stable over time. While the values, dividends, and growth scores fall slightly lower, at 2, 3, and 3 respectively, the overall picture indicates that Scsk Corp is positioned well to harness its strengths and navigate towards sustained success in the future.
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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