06:06 AM EDT, 08/07/2024 (MT Newswires) -- Sony Group ( SONY ) reported fiscal Q1 earnings Wednesday of 189.43 Japanese yen ($1.29) per diluted share, up from 175.67 yen a year earlier.

Four analysts polled by Capital IQ expected 160.6 yen.

Sales for the quarter ended June 30 was 3.01 trillion yen, up from 2.96 trillion yen a year earlier.

Analysts surveyed by Capital IQ expected 2.73 trillion yen.

The company said it expects fiscal 2025 revenue of 12.61 trillion yen. Analysts surveyed by Capital IQ expect 12.73 trillion yen.

Shares of the company were up nearly 3% in recent Wednesday premarket activity.

Price: 85.54, Change: +2.49, Percent Change: +3.00