- POSCO Future M Co Ltd reported a 2.74 billion won operating profit in Q2.
- Operating profit fell by 95% year-over-year (y/y).
- Analysts had estimated a higher operating profit of 21.29 billion won for Q2.
- Reported a net loss of 8.74 billion won in Q2.
- This net loss contrasts starkly with a net profit of 42.54 billion won in the same quarter last year.
- Analysts had anticipated a net profit of 1.61 billion won for the quarter.
- Sales totaled 915.49 billion won, which is a 23% decrease compared to last year.
- Sales also fell short of the estimated 1.07 trillion won for the quarter.
- Analyst recommendations for POSCO Future M Co Ltd include 24 buys, 4 holds, and 5 sells.
Posco Future M on Smartkarma
Posco Future M is garnering significant attention from top independent analysts on Smartkarma, a platform known for insightful investment research. According to Brian Freitas, in the report titled “KRX New Deal Index Rebalance Preview: Lots of Change; Shift Up Listing Adds to It,” there are anticipated changes in various indices like Battery, Bio, Game, Internet, and BBIG. The upcoming Shift Up listing is projected to impact stock flows, with the review period ending on 31 July and changes set to be implemented by 12 September. Analysts expect notable movements, particularly in Posco Future M, Ecopro BM, and other key companies mentioned in the report.
A look at Posco Future M Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.4 |
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
In analyzing the long-term outlook for Posco Future M utilising Smartkarma Smart Scores, the company seems to have a moderate overall performance based on its scores. With a Growth score of 3 and Momentum score of 3, Posco Future M shows potential for expansion and positive market momentum. However, its Value, Dividend, and Resilience scores are at 2, indicating average performance in these areas. These scores suggest that while the company has room for growth, there may be some areas where improvements could enhance its overall outlook.
Posco Future M Co., Ltd. manufactures various energy materials, including battery materials, advanced chemical materials, basic industrial materials, and other related products. Additionally, the company produces lime chemical and refractory products. With a mixed bag of Smart Scores, Posco Future M appears to be positioned for growth and market activity, but may need to focus on enhancing its value, dividend payouts, and resilience for a more robust long-term outlook in the competitive market landscape.
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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