Earnings Alerts

Kia Corp (000270) Earnings: 2Q Operating Profit Meets Estimates with Strong Sales Performance

  • Operating Profit: Kia’s second-quarter operating profit was 3.64 trillion won, closely matching the estimate of 3.65 trillion won.
  • Net Profit: The company’s net profit for the quarter came in at 2.96 trillion won, slightly above the estimated 2.92 trillion won.
  • Sales: Kia reported sales of 27.57 trillion won, almost matching the forecast of 27.59 trillion won.
  • Analyst Ratings: Kia has received 33 “buy” ratings, 1 “hold” rating, and 0 “sell” ratings from analysts.

Kia Corp on Smartkarma

On Smartkarma, independent analyst Sanghyun Park has provided valuable insight into the unusual outflow of funds from Korea NPS in May. Park anticipates the implications for value-up target names in the coming months, highlighting that the May net selling of β‚©700B by NPS may be linked to reallocating funds to newly selected value-up outsider managers. This reallocation is expected to begin in Q3, indicating a potential inflow into value-up targets from early July. Notably, Park suggests keeping an eye on non-financial value-up stocks like Kia Corp and Hyundai Motor, which experienced significant price impacts in May likely due to NPS outflow.


A look at Kia Corp Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth5
Resilience5
Momentum5
OVERALL SMART SCORE4.8

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

Based on the Smartkarma Smart Scores, Kia Corp seems to have a promising long-term outlook. With high scores in Dividend, Growth, Resilience, and Momentum, the company appears well-positioned for future success. Kia’s strong Value score suggests that the company is currently trading at an attractive valuation, adding to its positive outlook across multiple factors.

Kia Corporation, known for manufacturing passenger cars, mini-buses, trucks, and commercial vehicles, also focuses on developing auto-parts and tools using hybrid electric and fuel cell technology. With a global market presence, Kia’s high scores in various key areas indicate a positive overall assessment of the company’s potential for sustained growth and performance in the long run.


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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