Earnings Release: Here’s Why Analysts Cut Their Ushio Inc. (TSE:6925) Price Target To JP¥1,925
Ushio Inc. (TSE:6925) shareholders are probably feeling a little disappointed, since its shares fell 3.9% to JP¥1,704 in the week after its latest yearly results. Results were roughly in line with estimates, with revenues of JP¥178b and statutory earnings per share of JP¥70.27. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. Readers will be glad to know we’ve aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Ushio after the latest results.
We’ve discovered 2 warning signs about Ushio. View them for free.