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Kawasaki Heavy Industries Ltd. (KWHIF)
OTHER OTC:KWHIF
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Earnings Data
Report Date
Jan 30, 2025TBA Not Confirmed
Period Ending
2024 (Q3)Consensus EPS Forecast
$0.97Last Year’s EPS
$0.37Same Quarter Last Year
Moderate Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 08, 2024
|% Change Since: -32.10%
|Next Earnings Date:Jan 30, 2025
Earnings Call Sentiment|Negative
The earnings call presents a mix of positive developments and significant challenges. On the upside, there is growth in the Energy and Marine segments and innovations in the hydrogen and Powersports sectors. However, these are overshadowed by substantial losses related to the PW1100G engine, declining profit in key segments, and reduced dividends, creating a challenging financial outlook.Company Guidance
During the earnings call for the second quarter of fiscal year 2023, Yamamoto Katsuya provided detailed guidance on the company's financial performance and outlook. The company experienced a significant one-time loss of JPY 58 billion due to issues with the PW1100G-JM engine, which resulted in a major year-on-year profit decrease. Consequently, the full-year forecast was revised downward, with a dividend forecast set at JPY 40 per share. The second quarter financials reported orders of JPY 860.8 billion, revenue of JPY 769.3 billion, and a business loss of JPY 32.8 billion. Despite these challenges, the company expects a return to growth in the next fiscal year, with operating income forecasted at JPY 40 billion and net income at JPY 12 billion, aided by improved profitability and favorable exchange rates. The call also highlighted ongoing efforts in the hydrogen business and anticipated launches in the Powersports & Engine segment, including new electric and hybrid motorcycles.Energy Solution & Marine Engineering Growth
Reported an increase of JPY 5.4 billion year-on-year due to a significant contribution from the ship and offshore business.
Foreign Exchange Gains
Recorded foreign exchange gains of JPY 3.3 billion in the second quarter results.
Operating Cash Flow Improvement
Improved by JPY 54.5 billion from the same period last year, mainly due to progress in the collection of receivables in Powersports & Engine.
Hydrogen Projects and Innovations
Introduced world's first trial of a CO2 capture system using waste heat, contributing to decarbonization solutions. Also highlighted diplomatic relations and business negotiations through the SUISO Frontier for hydrogen transport.
Powersports & Engine Segment Growth
Plans to launch the world's first hybrid motorcycle in 2024, aiming for sustainable growth and industry decarbonization.
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KWHIF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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KWHIF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 08, 2024 | $43.08 | $46.05 | +6.89% |
| Aug 06, 2024 | $29.25 | $26.55 | -9.23% |
| May 09, 2024 | $31.54 | $36.10 | +14.46% |
| Feb 09, 2024 | $22.98 | $24.15 | +5.09% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Kawasaki Heavy Industries Ltd. (KWHIF) report earnings?
Kawasaki Heavy Industries Ltd. (KWHIF) is schdueled to report earning on Jan 30, 2025, TBA Not Confirmed.
What is Kawasaki Heavy Industries Ltd. (KWHIF) earnings time?
Kawasaki Heavy Industries Ltd. (KWHIF) earnings time is at Jan 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KWHIF EPS forecast?
KWHIF EPS forecast for the fiscal quarter 2024 (Q3) is $0.97.
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