Earnings Alerts

Kansai Electric Power (9503) Earnings: 1Q Operating Income Drops 42% Year-over-Year

  • Kansai Electric’s operating income for the first quarter of 2024 is 148.77 billion yen, a decrease of 42% compared to the previous year.
  • The company’s net income for the first quarter stands at 115.78 billion yen, down by 40% year over year.
  • Net sales for the first quarter are 984.15 billion yen, marking a 1.8% increase compared to the previous year.
  • For the year 2025, Kansai Electric forecasts operating income of 330.00 billion yen.
  • The company still projects a net income of 260.00 billion yen for 2025, although estimates from two analysts are at 274.85 billion yen.
  • Kansai Electric maintains its 2025 net sales forecast at 4.45 trillion yen, with estimates from two analysts at 4.47 trillion yen.
  • The dividend for 2025 is expected to remain at 60.00 yen, aligned with analysts’ estimates.
  • Analyst recommendations for Kansai Electric are 4 buys, 2 holds, and 0 sells.

A look at Kansai Electric Power Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth5
Resilience2
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

The long-term outlook for Kansai Electric Power looks promising based on a comprehensive analysis using Smartkarma Smart Scores. With a strong score of 5 for Growth and Momentum, the company appears to be well-positioned for future expansion and market performance. This suggests that Kansai Electric Power is actively growing and gaining positive traction in the industry, reflecting potential sustainability and profitability in the long run.

Although Kansai Electric Power received a lower Resilience score of 2, indicating some vulnerability, its overall outlook remains favorable due to solid scores in other key areas such as Value with a score of 4. Additionally, a moderate score of 3 for Dividend suggests a decent dividend-paying potential. Given its profile as a company generating electricity from various sources and serving a specific geographical area, Kansai Electric Power showcases a diversified operational model with notable growth prospects.


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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