TSE:7609Electronic
Daitron (TSE:7609) Profit Momentum Keeps The Bull Case Intact
Daitron stock came into this earnings print already on a strong run, with double digit gains over the past month and past quarter. Yet the latest quarter forces investors to rethink what is driving that strength. The headline is not revenue, which sat at ¥29,364 million, but profit quality. Basic earnings per share of ¥86.19 and net income of ¥1,816 million underline that this is still an earnings story, not just a sentiment trade.
Impressed by Daitron’s earnings power but wondering where...