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Sony Corporation (JP:6758)
:6758
Earnings Data
Report Date
Apr 25, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
22.25Last Year’s EPS
30.83Same Quarter Last Year
Strong Buy
Based on 11 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 13, 2025
|% Change Since: 10.68%
|Next Earnings Date:Apr 25, 2025
Earnings Call Sentiment|Positive
The earnings call presented a strong performance, particularly in the Games & Network Services and Music segments, with record-high income and a positive revision of the full-year forecast. However, challenges were noted in the Pictures and ET&S segments, alongside a decline in operating income in financial services. Despite these challenges, the overall growth and strategic planning suggest optimism.Company Guidance
During Sony Group Corporation's fiscal year 2024 third-quarter earnings call, significant guidance was provided, highlighting several key financial metrics. Consolidated sales excluding the financial services segment increased 7% year-on-year to ¥3,695.7 trillion, while operating income rose 10% to ¥423 billion. Including the financial services segment, consolidated sales surged 18% to ¥4,409.6 trillion, with operating income climbing 1% to a record ¥469.3 billion for the third quarter. Notably, net income increased 3% to ¥373.7 billion. The company revised its full-year forecast upward, projecting consolidated sales of ¥11.900 trillion, up 4% from the previous forecast, and operating income of ¥335 billion, a 2% increase. The PlayStation segment experienced remarkable growth, with sales up 16% year-on-year to ¥1,682.3 billion, and operating income soaring 37% to ¥118.1 billion. The Music segment also saw a 14% rise in sales to ¥481.7 billion and a 28% increase in operating income to ¥97.4 billion. Meanwhile, the Pictures segment's sales grew 9% to ¥398.2 billion, although operating income decreased 18% to ¥34 billion. The company emphasized its strategic focus on enhancing local music repertoire and strengthening engagements in the Anime sector, with expectations for continued growth driven by innovative content and technological advancements.Record Sales and Operating Income
Consolidated sales excluding the financial services segment increased 7% year-on-year to ¥3,695.7 trillion. Operating income increased 10% to ¥423 billion. Including the financial services segment, sales increased 18% year-on-year to ¥4,409.6 trillion, and operating income increased 1% to ¥469.3 billion, setting a record for the third quarter.
Strong Performance in Games & Network Services
Sales for the quarter increased 16% year-on-year to ¥1,682.3 billion, with operating income increasing 37% year-on-year to ¥118.1 billion, a record high for the third quarter. The number of monthly active users across PlayStation platforms reached 129 million, the highest in PlayStation history.
Music Segment Growth
Sales for the quarter increased 14% year-on-year to ¥481.7 billion, primarily due to higher streaming revenue. Operating income increased 28% year-on-year to ¥97.4 billion.
Upward Revision of Full Year Forecast
Consolidated sales, including the financial services segment, have been upwardly revised 4% from the previous forecast to ¥13.200 trillion. Operating income has been revised upward by 2% to ¥335 billion, and net income has been revised upward by 10% to ¥1.80 trillion.
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JP:6758 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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JP:6758 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 13, 2025 | ¥3372.00 | ¥3410.00 | +1.13% |
| Nov 08, 2024 | ¥2772.00 | ¥2805.50 | +1.21% |
| Aug 07, 2024 | ¥2454.35 | ¥2452.36 | -0.08% |
| May 14, 2024 | ¥2375.63 | ¥2384.60 | +0.38% |
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 Sony Corporation (JP:6758) report earnings?
Sony Corporation (JP:6758) is schdueled to report earning on Apr 25, 2025, TBA Not Confirmed.
What is Sony Corporation (JP:6758) earnings time?
Sony Corporation (JP:6758) earnings time is at Apr 25, 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 the P/E ratio of Sony Corporation stock?
The P/E ratio of Sony is N/A.
What is JP:6758 EPS forecast?
JP:6758 EPS forecast for the fiscal quarter 2024 (Q4) is 22.25.
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