Earnings Alerts

Dentsu Inc (4324) Earnings: FY Income Forecast Cut and Q3 Results Miss Estimates

By November 14, 2024 No Comments
“`html

  • Dentsu cut its fiscal year operating income forecast to 92.00 billion yen from the previous 107.10 billion yen, falling short of the 115.77 billion yen forecast.
  • The company anticipates net sales of 1.40 trillion yen, slightly higher than the 1.36 trillion yen reported but matching the estimate.
  • Net income projection reduced to 23.50 billion yen from a previous 36.70 billion yen, significantly lower than the 51.66 billion yen estimate.
  • The dividend remains nearly unchanged at 139.50 yen, compared to an estimate of 139.63 yen.
  • Third-quarter operating income dropped to 3.17 billion yen, an 88% year-on-year decline, missing the 26.44 billion yen estimate.
  • Third-quarter net sales increased by 4.1% year-on-year to 345.21 billion yen, slightly below the estimate of 350.57 billion yen.
  • A third-quarter net loss of 4.05 billion yen was reported, compared to a profit of 6.67 billion yen the previous year, and missing the estimated profit of 3.47 billion yen.
  • Japan experienced a 2.8% organic growth, slightly down from last year’s 3%.
  • In the Americas, organic growth slightly improved to -3.1% from -6.6% year-on-year.
  • EMEA saw significant recovery with a 6.9% organic growth versus a -17.2% last year.
  • APAC excluding Japan showed a decline in organic growth by -11.6% compared to -9.1% the previous year.
  • Market sentiment reflects 3 buy ratings, 4 holds, and 1 sell for the company’s stock.

“`


A look at Dentsu Inc Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth5
Resilience3
Momentum5
OVERALL SMART SCORE3.8

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

Dentsu Inc, a renowned provider of comprehensive advertising services with a global presence in the US, Europe, and Asia, holds a promising long-term outlook according to Smartkarma Smart Scores. With high scores in Growth and Momentum, the company is positioned for significant expansion and market traction in the future.

Although Dentsu Inc scores moderately in Value, Dividend, and Resilience, its strong ratings in Growth and Momentum suggest a bright future ahead. Investors may find opportunities in this company that is well-positioned for growth and has a solid foundation in the advertising and marketing 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars