- Suntory Beverage revised its full-year operating income forecast to 147.00 billion yen, down from the previously expected 161.00 billion yen and also below the market estimate of 157.04 billion yen.
- The net income forecast for the year is adjusted to 84.50 billion yen, which is lower than the previous outlook of 90.00 billion yen and the estimated 90.16 billion yen.
- The company anticipates its net sales to reach 1.72 trillion yen, unchanged from the latest estimate but lower than the initial outlook of 1.80 trillion yen.
- The dividend forecast remains at 120.00 yen, slightly lower than the market estimate of 120.58 yen.
- For the third quarter, Suntory Beverage reported operating income of 54.73 billion yen, which was below the forecast of 56.31 billion yen.
- The third-quarter net income stood at 34.23 billion yen, marking a 6.9% decrease year-on-year, and falling short of the market expectations of 35.31 billion yen.
- Net sales in the third quarter came in at 471.67 billion yen, representing a 2.5% increase year-on-year and slightly surpassing the estimate of 470.92 billion yen.
- Following these financial updates, Suntory Beverage’s share price dropped by 3.5% to 4,661 yen, with 539,200 shares being traded.
- Market sentiment includes 2 buy recommendations, 8 holds, and 1 sell on the company’s stock.
A look at Suntory Beverage & Food Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
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
Based on the Smartkarma Smart Scores, Suntory Beverage & Food has a positive long-term outlook. With a strong Value score of 4, the company is deemed to be well-positioned in terms of its valuation. Additionally, Suntory Beverage & Food received an average score of 3 across the categories of Dividend, Growth, Resilience, and Momentum, indicating a steady performance in these areas. As a manufacturer and seller of beverages and food products globally, Suntory Beverage & Food, a subsidiary of Suntory Holdings Ltd., appears to be on a stable path for future growth and sustainability.
In summary, Suntory Beverage & Food Ltd, part of the larger Suntory Holdings Ltd., operates in the global market by producing and distributing a range of beverages and food items. With a promising overall assessment from the Smartkarma Smart Scores, particularly highlighting the company’s strong Value score, Suntory Beverage & Food seems well-positioned for long-term 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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