Earnings Alerts

Hitachi Ltd (6501) Earnings: FY Net Income Forecast Fails to Meet Estimates

  • Hitachi’s forecast for the Fiscal Year net income, 600.00 billion yen, misses the estimated 611.54 billion yen.
  • Hitachi anticipates net sales of 9.00 trillion yen, falling short of the estimated 9.19 trillion yen.
  • The Fourth Quarter results yield a net income of 144.80 billion yen, less than the estimated 159.89 billion yen.
  • However, net sales for the same quarter stand at 2.51 trillion yen, surpassing the estimated 2.32 trillion yen.
  • The investor responses to Hitachi currently comprises of 15 buys, 4 holds and 0 sells.

A look at Hitachi Ltd Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE3.2

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

Hitachi Ltd‘s long-term outlook, according to Smartkarma Smart Scores, indicates a promising future for the company. With a strong momentum score of 5, Hitachi is showing significant positive movement in the market. This indicates that the company is attracting attention and may continue to see growth in the future. Additionally, a growth score of 4 suggests that Hitachi is positioned well for expansion and development, further enhancing its long-term prospects.

Despite moderate scores in value and dividend factors, with scores of 2 each, Hitachi’s resilience score of 3 indicates its ability to withstand economic challenges and market fluctuations. This resilience, combined with its growth and momentum scores, paints a favorable picture for the company’s future performance. Overall, Hitachi Ltd‘s diverse product line, ranging from heavy machinery to consumer electronics, places it in a solid position for sustained success in the long run.


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