- Operating income for Suntory Beverage in the second quarter was 44.53 billion yen, which matched the estimates of 44.28 billion yen.
- The company’s net income declined by 2% compared to the previous year, totaling 25.72 billion yen.
- Net sales fell by 1.1% year-over-year to 440.63 billion yen, missing the estimate of 449.34 billion yen.
- Suntory Beverage maintains its annual forecast, predicting operating income of 161.00 billion yen versus an estimate of 164.15 billion yen.
- The forecast for net income remains at 90.00 billion yen, against an estimate of 91.92 billion yen.
- Predicted net sales for the year are unchanged at 1.80 trillion yen, slightly above the estimate of 1.74 trillion yen.
- The company projects a dividend of 120.00 yen, which is close to the estimate of 120.48 yen.
- Shares of Suntory Beverage fell by 2.1%, closing at 4,500 yen, with a trading volume of 400,800 shares.
- Analysts have rated the stock with 3 buys, 6 holds, and 1 sell.
A look at Suntory Beverage & Food Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 2 | |
| 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 shows a positive long-term outlook. With strong scores of 4 in both Value and Dividend, the company indicates solid fundamentals and a commitment to rewarding its investors. Although Growth and Resilience scores are slightly lower at 3, Suntory Beverage & Food still demonstrates stability and potential for expansion. Momentum, at a score of 2, suggests that the company may be facing some short-term challenges but remains well-positioned for growth in the future.
Suntory Beverage & Food Ltd, a global manufacturer and seller of beverages and food products, is a subsidiary of Suntory Holdings Ltd. The company’s consistent focus on value and dividends, along with its ability to navigate through challenges, showcases its resilience in the market. While growth opportunities and momentum may require further attention, Suntory Beverage & Food‘s overall outlook remains optimistic as it continues to cement its position 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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