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HomeTechPanasonic Q4 profit falls 35%, misses market expectations

Panasonic Q4 profit falls 35%, misses market expectations

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TOKYO (Reuters) – Japan’s Panasonic Holdings Corp on Wednesday posted a 35% fall in fourth-quarter operating profit at 54.4 billion yen ($402.81 million).

That compared with 83.4 billion yen a year earlier and the 59.49 billion yen average of 12 analyst estimates compiled by Refinitiv.

($1 = 135.0500 yen)

(Reporting by Kiyoshi Takenaka; Editing by Christopher Cushing)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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