Earnings Alerts

Murata Manufacturing (6981) Earnings Miss Estimates Despite Strong First Quarter Performance

  • Murata forecasts full-year net sales of 1.70 trillion yen, missing the 1.77 trillion yen estimate.
  • Full-year operating income is expected to be 300.00 billion yen, lower than the 344.41 billion yen estimate.
  • Full-year net income remains projected at 235.00 billion yen, below the 269.41 billion yen estimate.
  • The full-year dividend forecast is steady at 54.00 yen, slightly less than the 55.17 yen estimate.
  • First half operating income forecast is 154.00 billion yen.
  • First half net income is projected at 120.00 billion yen.
  • First half net sales forecast stands at 852.00 billion yen.
  • For the first quarter, Murata’s operating income was 66.38 billion yen, missing the 72.63 billion yen estimate.
  • First quarter net income reached 66.37 billion yen, exceeding the 57.91 billion yen estimate.
  • First quarter net sales were 421.71 billion yen, surpassing the 407.37 billion yen estimate.
  • Murata has 19 buy ratings, 3 hold ratings, and no sell ratings.

A look at Murata Manufacturing Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth2
Resilience4
Momentum5
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 Murata Manufacturing, the company shows a mixed long-term outlook across different factors. With moderate scores in Value, Dividend, and Growth, Murata Manufacturing may not be considered a standout in these areas. However, the company’s high scores in Resilience and Momentum paint a more positive picture. A strong Resilience score indicates the company’s ability to weather uncertainties and challenges, while a high Momentum score suggests positive market sentiment and upward stock price movement.

Murata Manufacturing Company, Ltd., known for its ceramic applied electronic components, may benefit from its resilient nature and strong market momentum in the long run. Despite average scores in Value, Dividend, and Growth, the company’s solid performance in terms of Resilience and Momentum could position it well for future growth and stability in the ever-changing market landscape.


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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