TSE:6923Auto Components
Stanley Electric (TSE:6923) Stock Revenue Strength Contrasts With Earnings Pressure
Stanley Electric stock went into this earnings print with a mixed short term record for investors. The share price is roughly flat over the past month after a small weekly gain and a stronger 3 month run. The headline today sits in the margin line. Quarterly revenue of ¥145,856m is steady for an auto components supplier, yet net income of ¥4,140m leaves profitability thinner than the recent run of high earning quarters.
The market is reacting to that squeeze right now. The bigger question is...