Earnings Alerts

Daito Trust Construct (1878) Earnings: FY Forecast Surpasses Estimates with Increased Operating Income and Sales

By October 22, 2024 No Comments
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  • Daito Trust has increased its full-year operating income forecast to 120.00 billion yen, surpassing previous figures of 110.00 billion yen and the market estimate of 116.64 billion yen.
  • The company now expects a net income of 84.00 billion yen for the fiscal year, up from the previous 76.00 billion yen and exceeding the market projection of 82.47 billion yen.
  • Net sales for the fiscal year are projected to be 1.83 trillion yen, slightly higher than both the earlier reported 1.82 trillion yen and the estimate of 1.82 trillion yen.
  • Daito Trust anticipates paying a dividend of 630.00 yen per share, up from the earlier 575.00 yen, although slightly below the market estimate of 635.23 yen.
  • For the first half of the fiscal year, the company predicts net income to be 51.10 billion yen, an increase from the previous 39.00 billion yen and above the estimated 46.15 billion yen.
  • The forecast for operating income in the first half is set at 71.00 billion yen, a rise from 56.00 billion yen and surpassing the estimate of 63.38 billion yen.
  • First-half net sales are expected to reach 907.20 billion yen, up from the prior report of 890.00 billion yen and exceeding the market estimate of 887.4 billion yen.
  • There are current market recommendations of 4 buys, 3 holds, and 1 sell for Daito Trust shares.

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A look at Daito Trust Construct Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth3
Resilience4
Momentum4
OVERALL SMART SCORE3.4

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

DAITO TRUST CONSTRUCTION CO., LTD., a company that focuses on building construction and real estate ventures, is positioned for a promising long-term outlook according to Smartkarma Smart Scores analysis. With a strong dividend score of 4, the company shows a commitment to rewarding its shareholders. Additionally, Daito Trust Construct scores well in resilience and momentum, both with a score of 4, indicating its ability to withstand market fluctuations and maintain positive growth momentum.

Although the company’s value and growth scores are slightly lower at 2 and 3 respectively, the overall outlook remains positive, supported by its solid performance in dividend payouts, resilience, and momentum. Investors looking for a company with a steady dividend track record and a stable growth trajectory may find Daito Trust Construct an attractive long-term investment option based on the analysis of Smartkarma Smart Scores.


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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