tiprankstipranks
MODEC Boosts 2024 Earnings and Dividend Forecasts
Company Announcements

MODEC Boosts 2024 Earnings and Dividend Forecasts

Modec (JP:6269) has released an update.

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

MODEC, Inc. has revised its 2024 earnings forecast upwards due to strong performance in EPCI project construction and charter vessel operations, resulting in a significant increase in projected revenues and profits. Additionally, the company has announced an increase in its interim dividend for 2024 from JPY 10 to JPY 30 per share, reflecting confidence in its half-year financial outcome.

For further insights into JP:6269 stock, check out TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App