Earnings Alerts

Sekisui House (1928) Earnings: FY Operating Income Surpasses Estimates with Robust Sales Growth

By September 5, 2024 No Comments
  • Operating Income Forecast: Sekisui House now expects an operating income of 320.00 billion yen for the fiscal year, up from the previously anticipated 300.00 billion yen and above the estimate of 303.68 billion yen.
  • Net Sales Forecast: The company projects net sales to reach 4.00 trillion yen, an increase from the earlier forecast of 3.88 trillion yen and surpassing the estimate of 3.83 trillion yen.
  • Net Income Forecast: Sekisui House maintains its net income forecast at 209.00 billion yen, slightly below the estimate of 213.05 billion yen.
  • Dividend Forecast: The dividend forecast remains steady at 129.00 yen, close to the estimate of 129.64 yen.
  • Second Quarter Performance:
    • Operating income for Q2 was 85.43 billion yen, a 23% increase year-over-year, beating the estimate of 77.53 billion yen.
    • Net income for Q2 was 72.56 billion yen, a 44% increase year-over-year, and above the estimate of 53.3 billion yen.
    • Net sales for Q2 were 1.08 trillion yen, a 43% increase year-over-year, and also higher than the estimate of 952.85 billion yen.
  • Analyst Ratings: Sekisui House has 5 buy ratings, 7 hold ratings, and 0 sell ratings from analysts.

A look at Sekisui House Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE3.4

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

Analysts at Smartkarma have provided an overall positive outlook for Sekisui House, Ltd., a company that specializes in building and selling steel-frame and wooden housings, including single-family houses, condominiums, and apartment buildings, as well as operating real estate brokerage and leasing businesses, and selling construction materials. With scores of 3 for Value, 4 for Dividend, 4 for Growth, 2 for Resilience, and 4 for Momentum, Sekisui House seems to be positioned well for the long term.

Smartkarma’s assessment indicates that Sekisui House is deemed to have good growth potential and a strong dividend outlook, along with positive momentum in its operations. While the resilience score is lower, suggesting some vulnerability, the overall scores point towards a company with promising prospects ahead in the real estate and construction sector.


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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