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Panasonic Corp Raises Consolidated Full-year Forecast for FY 2014

Thursday, 31 Oct 2013 02:00am EDT 

Panasonic Corp announced that it has raised the consolidated full-year forecast for revenue from JPY 7,200,000 million to JPY 7,400,000 million, operating profit from JPY 250,000 million to JPY 270,000 million, ordinary profit from JPY 140,000 million to JPY 210,000 million, net profit from JPY 50,000 million to JPY 100,000 million and earning per share from JPY 21.63 to JPY 43.26 for the fiscal year ending March 31, 2014. The Company raised the consolidated full-year forecast due to favorable business performance. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of JPY 7,327.66 billion and net profit of JPY 80.32 billion for the fiscal year ending March 2014. 

Company Quote

0.15 +1.25%
11:00am EDT