- Suntory Beverage’s 1Q operating income surpassed estimates reaching 33.88 billion yen, which is a 28% increase year on year. The anticipated estimate had been set at 27.73 billion yen.
- Net income for the same quarter stood at 20.25 billion yen, a leap of 39% year on year, surpassing an expected estimate of 14.78 billion yen.
- Net sales were reported at 371.66 billion yen, marking a 10% increase year on year, and beating an estimate of 362.2 billion yen.
- Despite beating estimates in 1Q, Suntory Beverage maintains its year forecast with operating income at 149.00 billion yen, and net income at 84.50 billion yen, even though these figures are lower than market estimates of 155.34 billion yen and 90.11 billion yen, respectively.
- The company also sticks to its year forecast for net sales, which is consistent with the estimate, at 1.67 trillion yen.
- The anticipated dividend remains at 110.00 yen per share, slightly below the estimate of 112.60 yen.
- Analysts have given differing outlooks on Suntory Beverage’s stocks with 7 buys, 3 holds and 1 sell.
- All comparisons made to past results have been referenced from values the company initially disclosed.
A look at Suntory Beverage & Food Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
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 using Smartkarma Smart Scores indicate a positive long-term outlook for Suntory Beverage & Food. The company ranks well in growth and momentum, with a solid score in both categories. This suggests that Suntory Beverage & Food is positioned for future expansion and has good upward momentum in the market.
While the company scores average in terms of value, dividend, and resilience, its strengths in growth and momentum bode well for its overall performance. Suntory Beverage & Food is known for manufacturing and selling beverages and food products globally, operating as a subsidiary of Suntory Holdings Ltd. Investors may find potential opportunities in this company based on its favorable outlook in growth and market momentum.
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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