Loading...
Loading...
Bridgestone Corp
BRDCY reported a 15% drop in its second-quarter net profit and raised full-year profit forecast.
Bridgestone reported its quarterly net profit at Y22.7 billion, down from Y26.8 billion, in the year-ago period. Its sales rose 3.8% y/y to Y754.7 billion from Y726.8 billion. Bridgestone's operating profit dropped 11% y/y to Y37.7 billion from Y42.4 billion.
For the current year ending December 31, Bridgestone raised its profit forecast to Y115 billion from Y94 billion. It also lifted its operating profit outlook to Y194 billion from Y167 billion.
Bridgestone shares fell 0.40% to close at $45.21 on Friday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in