Earnings Alerts

NEC Corp (6701) Earnings: Q3 Results Exceed Estimates with Robust Sales and Income Growth

By January 30, 2025 No Comments
  • NEC has increased its fiscal year net sales forecast to 3.41 trillion yen from the previous forecast of 3.37 trillion yen, slightly below the market estimate of 3.42 trillion yen.
  • The company maintains its dividend forecast at 140.00 yen, which is just below the market estimate of 141.18 yen.
  • In the third quarter, NEC’s operating income reached 81.47 billion yen, surpassing the estimate of 52.53 billion yen.
  • The net income for the third quarter was 58.09 billion yen, beating the market estimate of 36.25 billion yen.
  • Third quarter net sales amounted to 835.13 billion yen, exceeding the expected 821.69 billion yen.
  • Investor sentiment towards NEC is generally positive with 11 buy ratings, 1 hold rating, and 1 sell rating.

A look at NEC Corp Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth3
Resilience3
Momentum3
OVERALL SMART SCORE2.8

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

NEC Corp‘s long-term outlook, as assessed through the Smartkarma Smart Scores, indicates a balanced view across key factors. With moderate scores in Value, Growth, Resilience, and Momentum, the company appears positioned for stable performance. NEC Corporation, a global player in manufacturing computers, telecommunication equipment, and semiconductors, demonstrates a resilient stance in the market with a consistent growth trajectory.

Although the company’s Dividend score is on the lower side, its overall outlook remains positive with a strong presence in various tech sectors. NEC’s diversified product portfolio, including printers, cellular phones, and network systems, underscores its ability to adapt to evolving market demands. With a well-rounded Smartkarma Smart Score profile, NEC Corp seems poised for sustained growth and competitiveness in the ever-evolving technology 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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