Earnings Alerts

DISCO Corp (6146) Earnings: 2Q Operating Income Surges 52%, Beating Estimates

By October 17, 2024 No Comments
  • Disco’s operating income for the second quarter reached 42.58 billion yen, marking a 52% increase year-over-year, surpassing the estimate of 42.08 billion yen.
  • Net income for the same period was 29.73 billion yen, up 48% year-over-year, though slightly below the estimated 30.34 billion yen.
  • Net sales totaled 96.24 billion yen, representing a 33% rise year-over-year, but fell short of the projected 97.85 billion yen.
  • Forecasted net sales for the next nine months are 262.90 billion yen.
  • Operating income is forecasted to be 105.20 billion yen over the next nine months.
  • The company anticipates net income of 74.20 billion yen in the upcoming nine months.
  • Analyst ratings include 13 buy recommendations, 7 hold, and no sell ratings.

A look at DISCO Corp Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience5
Momentum2
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

DISCO Corp, a manufacturer of abrasive and precision industrial machinery, has a promising long-term outlook based on the Smartkarma Smart Scores evaluation. With a Growth score of 4 and a Resilience score of 5, the company is positioned well for future expansion and demonstrated stability. The high Resilience score indicates the company’s ability to weather economic uncertainties and industry challenges, which bodes well for its sustainability over time.

Although the Value score and Dividend score are moderate at 2, the positive momentum in Growth and Resilience suggests a positive trajectory for DISCO Corp. Investors may find the company attractive due to its strong growth potential in the semiconductor, electronics, and construction industries, where its products are essential for producing popular consumer goods like personal computers, digital cameras, and video game systems.


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.
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