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Sony's Q4 Earnings Outlook

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Sony (NYSE: SNE) releases its next round of earnings Friday. Here's Benzinga's essential guide to Sony's Q4 earnings report.

Earnings and Revenue

Sony's per-share loss will be near 2 cents on sales of $19.6 billion, according to Wall Street analysts.

In the same quarter last year, Sony reported EPS of 19 cents on revenue of $16.9 billion. If the company were to post earnings inline with the consensus estimate when it reports Friday, EPS would be down 110.53 percent. Sales would be up 15.44 percent from the year-ago period. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:

 

Quarter Q3 2017 Q2 2017 Q1 2017 Q4 2016
EPS Estimate 1.13 0.54 0.48 0.07
EPS Actual 2.03 0.9 0.56 0.19

 

Stock Performance

For a full 12 months, the return has risen by 47.34 percent. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The popular rating by analysts on Sony stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.

Conference Call

Sony's Q4 is scheduled to hold a conference call at 8:00 a.m. ET and it can be accessed here.

Posted-In: Earnings News Previews Trading Ideas

 

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