Earnings Alerts

Asahi Group Holdings (2502) Earnings: FY Operating Income Forecast Raised but Misses Estimates

  • Operating Income Forecast:
    • Sees 275.50 billion yen for FY 2024
    • Previous forecast was 273.00 billion yen
    • Market estimate was 286.57 billion yen
  • Net Income Forecast:
    • Sees 193.00 billion yen for FY 2024
    • Previous forecast was 190.50 billion yen
    • Market estimate was 202.45 billion yen
  • Net Sales Forecast:
    • Sees 2.95 trillion yen for FY 2024
    • Previous forecast was 2.84 trillion yen
    • Market estimate was 2.94 trillion yen
  • First Half Results:
    • Net sales were 1.38 trillion yen
    • Market estimate was 1.32 trillion yen
  • Second Quarter Results:
    • Operating income was 71.54 billion yen, close to the estimate of 71.96 billion yen
    • Net income was higher at 52.54 billion yen compared to the estimate of 47.25 billion yen
    • Net sales were 762.35 billion yen, higher than the estimate of 730.57 billion yen
  • Analyst Recommendations:
    • 15 “buy” ratings
    • 2 “hold” ratings
    • No “sell” ratings

A look at Asahi Group Holdings Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth3
Resilience2
Momentum3
OVERALL SMART SCORE3.0

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

Asahi Group Holdings, Ltd., a company known for producing beer and various beverages, is positioned for a promising long-term outlook according to the Smartkarma Smart Scores. With a strong Value score of 4, Asahi Group Holdings is deemed to be well-valued relative to its fundamentals. Moreover, the company also boasts decent scores in Dividend, Growth, and Momentum, all at a level of 3. This indicates that Asahi Group Holdings is likely to provide stable dividends, exhibit growth potential, and display positive market momentum in the foreseeable future.

Despite a slightly lower Resilience score of 2, which suggests a moderate level of resilience to economic downturns or market fluctuations, Asahi Group Holdings seems to have a solid foundation for continued success. With its established presence in both the Japanese and international markets, the company appears to be on track for sustained growth and performance in 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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