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Tuesday, October 30, 2018

Sony (SNE) reported earnings on Tue 30 Oct 2018 (b/o)

** charts before earnings **







** charts after earnings **







Sony beats by JPY32.24, beats on revs; guides FY19 revs in-line; raises net income outlook 
  • Reports Q2 (Sep) earnings of JPY136.38 per share, JPY32.24 better than the S&P Capital IQ Consensus of JPY104.14; revenues rose 5.8% year/year to JPY2182.76 bln vs the JPY2138.85 bln S&P Capital IQ Consensus.
  • Co issues in-line guidance for FY19, sees FY19 revs of JPY8.7 trln vs. JPY8773.46 bln S&P Capital IQ Consensus.
    • Co also raises Net income outlook to JPY705 bln, up from JPY500 bln prior.

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