Earnings Alerts

Yokogawa Electric (6841) Earnings Soar Beyond Predictions, Outshines Quarterly and FY Forecasts

Yokogawa Electric‘s projected operating income is 75.00 billion yen, higher than the estimated 69.62 billion yen. This means the company is anticipating more profits from its routine business operations.

• The company’s estimated net income of 49.00 billion yen also surpasses the 47.8 billion yen forecast. Net income is considered a key measure of profitability as it takes into account all revenues and expenses.

Yokogawa Electric is expecting net sales to climb to 563.00 billion yen, significantly higher than the projected 526.96 billion yen. This suggests improving demand for their products and services.

• The company’s dividend estimate is 58.00 yen, more than the anticipated 47.67 yen. Higher dividends usually indicate that a company is doing well financially.

• For the fourth quarter results, the operating income was 20.42 billion yen, a rise of 3.8% year-over-year. The estimate was 15.69 billion yen, indicating that the company did better than what was expected.

• The net income, however, fell by 57% year-over-year, resulting in 9.57 billion yen. This decrease happened despite estimates indicating an expected net income of 5.04 billion yen.

• The company also had a year-over-year increase in net sales by 5.8%, totalling 147.06 billion yen. This was above the estimated 135.86 billion yen, suggesting a successful sales period.

• The company is currently rated as a good investment with 3 buys, 4 holds and no sell ratings. This suggests moderate investor confidence in the company’s performance.


A look at Yokogawa Electric Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience4
Momentum5
OVERALL SMART SCORE3.6

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

Yokogawa Electric Corporation, a company known for developing, manufacturing, and marketing a range of IT solutions and measuring/control equipment, has received varying Smart Scores across different factors. With a high Growth score of 5 and Momentum score of 5, Yokogawa Electric demonstrates strong potential for future expansion and market performance. This indicates positive market sentiment towards the company’s growth prospects and current momentum in the industry.

Despite the lower Value and Dividend scores of 2, Yokogawa Electric still shows resilience with a score of 4. This resilience score suggests that the company is well-equipped to navigate challenges and maintain a stable performance despite fluctuations in the market. Investors looking at Yokogawa Electric may find its strong growth and momentum scores promising for the long-term, while also considering its resilience in the face of market uncertainties.


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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