Samsung's earnings for the third quarter of this year are likely to beat analysts' forecast, with an expected sales of around 66 trillion Won and operating profit of approximately 12.3 trillion Won.
Earnings guidance RSS
Samsung and LG have both posted their earnings guidance for the first quarter of the year, and despite the current conditions around the world, operating profits have increased year-on-year.
Samsung has released it Q2 2019 earnings guidance. The figures show a decline in operating profits of 56% against the previous year. This is attributed to low demand in the NAND and DRAM markets.
Samsung has posted a strong earnings guidance for this quarter, saying that it made over $50 billion in sales. It also boasts nearly $15 billion in operating profit, likely due to its chip business.
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