Earnings Alerts

LG Electronics (066570) Earnings: 1Q Operating Profit Surpasses Estimates

  • LG Electronics has reported a 1Q operating profit of 1.33 trillion won, exceeding the estimated 1.28 trillion won.
  • The sales for this quarter were reported at 21.10 trillion won, slightly below the estimated 21.24 trillion won.
  • Among the market analysts, LG Electronics stock is favored, with 27 buying recommendations, 4 hold recommendations, and no sell recommendations.

A look at LG Electronics Smart Scores

FactorScoreMagnitude
Value4
Dividend2
Growth3
Resilience3
Momentum3
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

According to the Smartkarma Smart Scores, the long-term outlook for LG Electronics is looking positive. The company has received a score of 4 for value, indicating that it is currently undervalued and has potential for growth in the future. Additionally, LG Electronics has received a score of 3 for both growth and resilience, suggesting that it has the potential for continued growth and is able to withstand market fluctuations. These scores are further supported by the company’s score of 3 for momentum, indicating that it is performing well in the market.

LG Electronics Inc. is a company that specializes in manufacturing and selling digital display equipment and home appliances. This includes a range of products such as flat panel televisions, A/V equipment, washing machines, air conditioners, and refrigerators. The company also offers telecommunications equipment such as smartphones and tablets. With its strong scores in value, growth, resilience, and momentum, LG Electronics is well-positioned for success in the long-term. Investors may want to keep an eye on this company as it continues to perform well in the market.


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars