Earnings Alerts

LG Chem Ltd (051910) Earnings: 2Q Operating Profit Falls Short of Estimates

  • LG Chem’s operating profit for the second quarter was 405.86 billion won, missing the estimate of 477.26 billion won.
  • Total sales were reported at 12.30 trillion won, falling short of the estimated 12.58 trillion won.
  • Analyst recommendations for the stock include 30 buy ratings, 2 hold ratings, and 0 sell ratings.

A look at LG Chem Ltd Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth3
Resilience3
Momentum2
OVERALL SMART SCORE3.0

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

LG Chem Ltd, a chemical manufacturer, sees a positive long-term outlook as indicated by its Smartkarma Smart Scores. With high scores in Value, Dividend, Growth, Resilience, and Momentum, LG Chem is positioned well for the future. The company’s strong performance in value and resilience, coupled with steady growth and dividends, reflects its stability and attractiveness to investors.

Specializing in petrochemicals, plastic resins, and engineering plastics, LG Chem also produces industrial and electronic materials. Despite a slightly lower momentum score, the overall outlook for LG Chem remains optimistic based on its solid fundamental scores across key factors. Investors may find LG Chem Ltd to be a favorable long-term investment option given its well-rounded performance in various aspects.


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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