Sharp Q2 Operating Profit 4.73B Yen, Missing 7.96B Yen Estimate

Cointime reports: Sharp reported second-quarter operating profit of 4.73 billion yen, below the 7.96 billion yen estimate, while net sales came in at 448.26 billion yen versus 460.59 billion yen expected. Net profit was 7.71 billion yen, beating the 6.06 billion yen estimate. The company kept its full-year operating profit forecast at 30.0 billion yen, short of the 34.08 billion yen market estimate, and maintained its full-year net profit guidance of 25.0 billion yen.