Earnings Alerts

Kubota Corp (6326) Earnings: Boosts FY Operating Income Forecast and Beats Estimates

  • Kubota boosts its full-year operating income forecast to 330.00 billion yen, up from previous forecast of 320.00 billion yen.
  • The market estimated Kubota’s full-year operating income would be 321.48 billion yen.
  • Full-year net income forecast is now 235.00 billion yen, revised from 226.00 billion yen.
  • Market estimated full-year net income was 228.32 billion yen.
  • Revised full-year net sales are projected to be 3.00 trillion yen, down from the previous forecast of 3.05 trillion yen.
  • Market had estimated full-year net sales to be 3.07 trillion yen.
  • For the second quarter, operating income was 104.39 billion yen, a 28% increase year-over-year.
  • Market estimated second-quarter operating income to be 75.62 billion yen.
  • Second-quarter net income was 77.88 billion yen, up 30% year-over-year.
  • Market estimated second-quarter net income to be 54.87 billion yen.
  • Second-quarter net sales totaled 804.37 billion yen, an 8.9% increase year-over-year.
  • Market estimated second-quarter net sales to be 760.52 billion yen.
  • Analyst ratings include 9 buys, 4 holds, and 1 sell.

A look at Kubota Corp Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth4
Resilience2
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

Based on the Smartkarma Smart Scores for Kubota Corp, the company shows strength in value and growth with scores of 4 each. This indicates a solid foundation and potential for long-term profitability. While the scores for dividend, resilience, and momentum are slightly lower, Kubota Corp‘s focus on value and growth bodes well for its future in the industry.

Kubota Corporation, known for manufacturing industrial and farm machinery as well as fluid piping systems, demonstrates a strong overall outlook according to the Smartkarma Smart Scores. With a diverse product range that includes engines, tractors, harvesters, and excavators, Kubota positions itself as a key player in its sector. Despite varying scores across different factors, the company’s emphasis on value and growth underscores a promising long-term trajectory.


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