Posco (PKX)
NYSE:PKX
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Earnings Data
Report Date
Jul 29, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
0.36Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a mixed picture: financial results in 2025 were challenged (revenue down 5% YoY, OP down 16%) and were weighed down by sizable one‑time charges (POSCO E&C accident, PZSS divestment) and Q4 operational setbacks. Offsetting factors include improved POSCO mill margins (~5%), disciplined CapEx execution, significant portfolio restructuring cash generation (KRW 1.1 trillion in 2025), and multiple 2026 inflection points — notably Argentina lithium commercial ramp, Australian JV equity gains potential, overseas steel JV actions, and decarbonization projects. However, key near‑term risks remain (lithium margin pressure from rising spodumene, safety incidents, trade/tariff risks, and currency/cost pressure). Overall, the positives (clear strategic actions and potential commodity/upstream gains) balance the notable near‑term operational and one‑time negatives, leaving the tone cautiously neutral.Company Guidance
Revenue and EBITDA Scale
2025 consolidated revenue of KRW 69.1 trillion (down 5% YoY) with consolidated EBITDA of KRW 5.9 trillion, demonstrating substantial scale and ongoing cash-generating capacity despite a tougher market.
POSCO Operating Margin Improvement
Core steel business (POSCO) improved operating margin to ~5.0–5.1% (up from ~3.9%), indicating better unit profitability and effectiveness of pricing/mix and cost measures at the mill level.
Argentina Lithium Ramp-Up and Commercialization
Argentina lithium Plant 1 nearing commercial operation in 2026: utilization targeted >60% by end-March and full commercial run by July–August. Brine-based assets expected to show strong operating leverage as lithium prices recover.
Upstream Mine JV and Immediate Equity Gains Expected
JV investment with Australian mineral resources (MinRes) progressing with foreign investment approvals; spodumene concentrate price rose from an earlier estimate of ~$1,000/t to >$2,000/t, implying potential immediate contributions via equity-method gains in H2 2026.
Portfolio Restructuring Cash Generation
Completed 28 restructuring projects in 2025 generating KRW 1.1 trillion in cash (cumulative KRW 1.8 trillion since 2024). Targeting 55 additional projects by 2028 to generate another ~KRW 1 trillion.
CapEx Reduction and Discipline
Consolidated CapEx execution fell to KRW 7 trillion in 2025 from KRW 9 trillion in 2024, reflecting disciplined investment; 2026 budget includes targeted upstream/outside investments but remains subject to adjustments.
Overseas Steel and Infrastructure Momentum
Overseas units showed operational improvements: PTKP expanded exports to higher‑margin European markets, POSCO Maharashtra increased auto-sheet mix, PY VINA shifted to profit. Infrastructure investments (Senex gas expansion, Indonesia palm farm) expected to contribute to 2026 profits.
Strategic Actions and 2026 Inflection Plans
Signed MOUs and progressing discussions for overseas steel JVs (U.S. partner, India JSW, Cleveland‑Cliffs cooperation), plan to pursue high‑margin domestic steel products, and continue decarbonization projects (HyREX demo, Gwangyang EAF) indicating clear strategic roadmap for 2026.
PKX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PKX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 23, 2026 | $70.69 | $68.23 | -3.48% |
Jan 29, 2026 | $64.71 | $61.73 | -4.61% |
Oct 28, 2025 | $56.22 | $56.17 | -0.09% |
Jul 31, 2025 | $55.26 | $54.64 | -1.12% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Posco (PKX) report earnings?
Posco (PKX) is schdueled to report earning on Jul 29, 2026, TBA (Confirmed).
What is Posco (PKX) earnings time?
Posco (PKX) earnings time is at Jul 29, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is PKX EPS forecast?
Currently, no data Available