Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Hitachi Ltd (HTHIY)
OTHER OTC:HTHIY
Holding HTHIY?
Track your performance easily
Earnings Data
Report Date
Jan 31, 2025TBA Not Confirmed
Period Ending
2024 (Q3)Consensus EPS Forecast
0.48Last Year’s EPS
0.7Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Oct 26, 2018
|% Change Since: -10.34%
|Next Earnings Date:Jul 27, 2018
Earnings Call Sentiment|Positive
The earnings call highlighted strong revenue growth and upward forecast revisions, particularly driven by the success in Digital Systems & Services and Hitachi Energy. However, challenges remain in the Chinese market and specific segments like Railway Systems and semiconductor-related businesses. Despite these issues, the overall sentiment leans towards optimism due to overall robust performance and strategic adjustments.Company Guidance
During the earnings call for Hitachi Limited's third quarter ending December 31, 2023, several key metrics and forecasts were discussed. Revenue for the quarter reached JPY 2.189 trillion, marking an 11% year-on-year increase, while adjusted EBITA came in at JPY 221.8 billion, reflecting a JPY 34.1 billion increase from the previous year. For the cumulative period from Q1 to Q3, revenues amounted to JPY 6.0537 trillion, a 12% rise year-on-year, with adjusted EBITA growing by JPY 83.4 billion to JPY 581.5 billion. The company revised its full-year forecast upwards, anticipating revenues of JPY 8.2856 trillion, a 4% increase from previous estimates, and adjusted EBITA of JPY 829.3 billion, which is JPY 11.3 billion higher than earlier projections. Net income is expected to rise by JPY 10 billion to JPY 530 million. Major business wins were highlighted, including a JPY 14 billion contract with TenneT for HVDC converter stations and a JPY 140 billion deal with Trenitalia for high-speed trains. Additionally, the Digital Systems & Services sector reported a 9% rise in orders year-on-year, while Hitachi Energy saw a substantial 51% increase in orders, totaling JPY 2.6209 trillion. The company also emphasized improvements in its core free cash flow, expecting an increase of JPY 100 billion from previous forecasts, reaching JPY 440 billion.Revenue and Profit Growth
Revenues for the third quarter were JPY 2.189 trillion, an 11% increase year-on-year, with adjusted EBITA at JPY 221.8 billion, showing a Y-o-Y increase of JPY 34.1 billion. For the accumulated Q1 to Q3, revenues were JPY 6.0537 trillion, a 12% Y-o-Y increase, and adjusted EBITA was JPY 581.5 billion, up by JPY 83.4 billion.
Upward Forecast Revisions
Full-year forecast revenues were revised to JPY 8.2856 trillion, a 4% increase from the previous forecast. Adjusted EBITA was revised to JPY 829.3 billion, up by JPY 11.3 billion from previous forecasts.
Strong Performance of Hitachi Energy
Hitachi Energy orders for the 3 quarters reached JPY 2.6209 trillion, up 51% Y-o-Y, with a backlog of JPY 4.3 trillion, ensuring about 2 years of business.
Digital Systems & Services Success
Digital Systems & Services saw a 9% Y-o-Y increase in revenues and an adjusted EBITA increase of JPY 16.1 billion, achieving the highest-ever record for adjusted EBITA at JPY 87 billion.
GlobalLogic Continues to Grow
GlobalLogic's revenue and profit continued to grow strongly, contributing significantly to the Digital Systems & Services sector.
---
HTHIY 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
---
HTHIY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 30, 2024 | $52.82 | $54.15 | +2.52% |
| Jul 31, 2024 | $41.91 | $43.71 | +4.29% |
| Apr 26, 2024 | $34.03 | $34.27 | +0.71% |
| Jan 31, 2024 | $30.50 | $31.76 | +4.13% |
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.
---
FAQ
When does Hitachi Ltd (HTHIY) report earnings?
Hitachi Ltd (HTHIY) is schdueled to report earning on Jan 31, 2025, TBA Not Confirmed.
What is Hitachi Ltd (HTHIY) earnings time?
Hitachi Ltd (HTHIY) earnings time is at Jan 31, 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 HTHIY EPS forecast?
HTHIY EPS forecast for the fiscal quarter 2024 (Q3) is 0.48.
---