Market Overview

Bridgestone Posts Jump In Q4 Profit

Share:

Bridgestone (OTC: BRDCY) reported a strong rise in its net profit for the fourth quarter.

Bridgestone's quarterly net profit surged to 55.7 billion yen ($592 million), from Y21.0 billion, in the year-ago quarter. However, analysts were expecting a net profit of Y80.8 billion.

Its sales climbed 3.0% to Y813.4 billion from Y789.9 billion.

Bridgestone projects 2013 net profit to rise 37% to Y235 billion and sales of Y3.550 trillion.

Bridgestone shares closed at $53.45 on Friday.

Posted-In: profitEarnings News Guidance

 

Related Articles (BRDCY)

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

Coca-Cola Amatil Full-Year Profit Down 22%

Earnings Scheduled For February 19, 2013