Earnings Alerts

Samsung Electronics (005930) Earnings: 1Q Operating Profit Surpasses Estimates

  • Samsung’s operating profit for the first quarter surpassed estimates.
  • The operating profit came in at 6.60 trillion won, beating the estimated 5.37 trillion won.
  • Sales for the quarter were 71.00 trillion won, slightly lower than the estimated 71.78 trillion won.
  • The company’s stock was rated 41 buys, 4 holds, and 0 sells.

Samsung Electronics on Smartkarma

Smartkarma, an independent investment research network, is buzzing with analyst coverage on Samsung Electronics. The team at Aequitas Research provides a weekly update on deals and upcoming IPOs, with a positive lean towards the company’s 2024 prospects. Meanwhile, David Blennerhassett discusses the potential inclusion of Furuya Metal and Visional in the TOPIX index, and the all-time high of Wilmar International’s implied stub and simple ratio. Additionally, the recent news of the Lee family planning to offload shares in a block deal worth $2.1 billion has caught the attention of analysts, with Sumeet Singh and Joe Jasper providing their insights on the placement and overall bullish outlook for the company. However, Douglas Kim‘s bearish sentiment comes into play as he reports on the Lee family’s plan to sell $2.6 trillion worth of Samsung Group companies to pay for inheritance taxes, which may have a negative impact on the company’s stock.


A look at Samsung Electronics Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience4
Momentum4
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

Samsung Electronics, a leading manufacturer of electronic equipment and products, has received an overall Smart Score of 3 out of 5. This score is based on various factors such as value, dividend, growth, resilience, and momentum. With a score of 3 for value, dividend, and growth, the company is expected to perform moderately well in terms of financial stability and profitability. The higher scores of 4 for resilience and momentum indicate that Samsung Electronics is also well-positioned to weather any potential market challenges and continue its upward momentum in the future.

As a company that produces a wide range of consumer and industrial electronic products, Samsung Electronics has a strong presence in the market. It manufactures popular items such as semiconductors, personal computers, televisions, and home appliances. Additionally, the company also produces internet access network systems and telecommunications equipment, including mobile phones. With its overall Smart Score of 3, Samsung Electronics is expected to maintain its market position and continue to grow in the long-term, making it a reliable choice for investors.


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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