- Trend Micro’s operating income for the third quarter surpassed expectations, reaching 16.00 billion yen, an increase of 8.1% year-over-year, against an estimate of 15.31 billion yen.
- Net income for the same period was significantly higher than anticipated, totaling 12.61 billion yen, a 48% rise year-over-year, compared to an estimate of 10.7 billion yen.
- Net sales came in at 68.84 billion yen, slightly above estimates and marking a 1.1% increase year-over-year, with the expected figure being 68.63 billion yen.
- For the full year, Trend Micro maintains its forecast for operating income at 53.60 billion yen, which is slightly below the projected 54.9 billion yen.
- The company also holds its net income forecast at 30.20 billion yen, compared to an estimate of 34.1 billion yen.
- Trend Micro’s expectation for net sales remains at 274.00 billion yen, closely aligning with the forecasted 273.72 billion yen.
- Analyst recommendations for Trend Micro indicate 3 buy ratings, 6 hold ratings, and 0 sell ratings.
Trend Micro Inc on Smartkarma
Analyzing analyst coverage of Trend Micro Inc on Smartkarma reveals insights from Andrew Jackson. In his recent report titled “Intel Announces the Potential for Further Dilution by the US Govt Unless It Keeps Fabs,” Jackson mentions that Trend Micro is showing potential after a rebound. This comes as semi-cap stocks outperform due to TSMC’s decision, with yields rising on concerns of one-time cuts. Despite the general market conditions, Trend Micro has sparked interest following a recent uptick from previous lows, indicating possible positive momentum in the stock.
Andrew Jackson‘s bullish lean on Trend Micro suggests optimism regarding the company’s future prospects. The rebound in Trend Micro’s performance, amid a challenging market environment, has caught the attention of investors. Jackson’s analysis highlights a potential opportunity in Trend Micro, aligning with the broader trend of semi-cap stocks outperforming. This insight provides valuable guidance for investors seeking opportunities in the tech sector, indicating a positive outlook for Trend Micro amidst market uncertainties.
A look at Trend Micro Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.0 |
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
When considering the long-term outlook for Trend Micro Inc as assessed by Smartkarma Smart Scores, the company’s overall performance seems positive. With a strong resilience score of 5, Trend Micro Inc is well-positioned to withstand market challenges and unexpected events, showcasing stability and adaptability.
Although the company receives moderate scores in Value, Dividend, and Growth indicators, with scores of 2, 3, and 3 respectively, it indicates a potential for improvement in these areas to enhance its overall competitiveness and attractiveness to investors. The lower Momentum score of 2 suggests a slower rate of change in the company’s performance, highlighting the need for strategic initiatives to drive momentum and growth over 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.
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