Samsung Electronics is scheduled to release its fourth-quarter earnings Thursday before markets open in Seoul. Here’s what you need to know.
EARNINGS FORCAST: Net profit of 4.5 trillion won ($4.2 billion) is the forecast, according to the average estimate of eight analysts polled by The Wall Street Journal, compared with 7.3 trillion won a year earlier. The survey comes after the company projected an operating profit decline of as much as 40% of 5.0 trillion won for the quarter from 8.3 trillion won a year earlier.
REVENUE FORECAST: Revenue of 52 trillion won ($48.3 billion) is expected, which is the median of the guidance provided by the company of between 51 trillion won to 53 trillion won. This compares with revenue of 59.3 trillion won reported a year earlier.
Read more...
EARNINGS FORCAST: Net profit of 4.5 trillion won ($4.2 billion) is the forecast, according to the average estimate of eight analysts polled by The Wall Street Journal, compared with 7.3 trillion won a year earlier. The survey comes after the company projected an operating profit decline of as much as 40% of 5.0 trillion won for the quarter from 8.3 trillion won a year earlier.
REVENUE FORECAST: Revenue of 52 trillion won ($48.3 billion) is expected, which is the median of the guidance provided by the company of between 51 trillion won to 53 trillion won. This compares with revenue of 59.3 trillion won reported a year earlier.
Read more...
No comments:
Post a Comment