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NTDOF - Nintendo: FY3/2022 Guidance Miss Consensus Dividend Cut By 35% YoY
May, 09 2021 07:18 AM
Nintendo Co. Ltd.
Nintendo recorded a strong finish to FY3/2021 booking peak sales and earnings. Setting a high hurdle YoY, company guidance is noticeably below consensus estimates with a 35% cut in dividends YoY. With the shares trading on PER FY3/2022 21.1x on guided 22% decline in OP YoY, we remain sellers of the shares. For further details see:
Nintendo: FY3/2022 Guidance Miss Consensus, Dividend Cut By 35% YoY
Stock Information
Company Name:
Nintendo Co. Ltd.
Stock Symbol:
NTDOF
Market:
OTC
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