Earnings Alerts

Amorepacific Corp (090430) Earnings: 2Q Operating Profit Misses Estimates by 29%

  • Amorepacific reported a second-quarter operating profit of 4.15 billion won, which is 29% lower compared to the same period last year.
  • The operating profit significantly missed the market estimate of 74.03 billion won.
  • Net profit for the quarter was 531.47 billion won, a substantial increase from 22.10 billion won the previous year.
  • Net profit estimate was 66.31 billion won, indicating actual net profit far exceeded expectations.
  • Sales for the quarter amounted to 904.75 billion won, reflecting a 4.3% decline from the same period last year.
  • Sales did not meet the market estimate, which was projected at 1.02 trillion won.
  • Current analyst ratings for Amorepacific include 23 buys, 1 hold, and 1 sell.

Amorepacific Corp on Smartkarma

Analysts on Smartkarma have recently provided insightful coverage on Amorepacific Corp. David Blennerhassett‘s report, “StubWorld’s: Amorepacific’s NAV Discount Plumbs New Multi-Year Low,” highlights extreme levels in the implied stub and simple ratio of the company. Blennerhassett suggests a trade setup of going long on Amorepacific Group and short on Corp, contingent on a reversal in Corp’s momentum. Meanwhile, Douglas Kim‘s analysis, “Gap Trades in Korean Prefs Vs Common Share Pairs in 2Q 2024,” delves into the evolving dynamics between preferred and common shares in Korea. Kim discusses narrowing discounts and potential opportunities for preferred shares to gain further.


A look at Amorepacific Corp Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience4
Momentum5
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Amorepacific Corp, a company known for its skincare, makeup, and fragrance products, has received mixed scores in various key factors. With an outlook of 2 for both Value and Dividend, the company seems to have room for improvement in these areas. However, the Growth score of 4 indicates a positive trajectory for the company in expanding its market share and profitability over the long term. Additionally, scoring a 4 in Resilience suggests that Amorepacific Corp is well-positioned to weather economic uncertainties and industry challenges. The highest score of 5 in Momentum highlights the company’s strong momentum in the market, indicating potential for continued success and growth.

Overall, Amorepacific Corp shows promise for long-term success with its solid Growth, Resilience, and Momentum scores. While there may be areas for improvement in terms of Value and Dividend, the company’s core business of developing and exporting skincare, makeup, and fragrance products remains a key strength. Investors may view Amorepacific Corp as a company with strong growth potential and the ability to navigate challenges in the industry, positioning it for future success.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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