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Samsung Electronics (SSNLF)
OTHER OTC:SSNLF
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Earnings Data
Report Date
Jan 31, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
0.67Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 29, 2020
|% Change Since: 0.00%
|Next Earnings Date:Jan 30, 2020
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture. While there were notable achievements in revenue growth, high-value memory products, and strategic AI initiatives, there were significant challenges such as decline in operating profit, gross margin, and currency effects. The highlights and lowlights are fairly balanced, leading to a cautious outlook.Company Guidance
In the Samsung Electronics Q3 2024 earnings call, the company reported a 7% sequential increase in revenue, reaching KRW 79.1 trillion. The MX business experienced a 13% growth due to new smartphone launches, while DS and Display saw increases of 3% and 5% respectively. Gross profit rose slightly to KRW 30 trillion, but gross margin decreased to 37.9% due to inventory valuation reversals. Operating profit fell by KRW 1.3 trillion to KRW 9.2 trillion, with the operating margin dropping to 11.6%. The company also reported that the Korean won's strength against the U.S. dollar reduced operating profit by approximately KRW 0.5 trillion. CapEx in the third quarter was KRW 12.4 trillion, with a year-to-date total of KRW 35.8 trillion. The Board approved a quarterly dividend of KRW 361 per share, contributing to a total annual distribution of KRW 9.8 trillion. Looking ahead, Samsung anticipates a stronger performance in its Semiconductor business in Q4, driven by high value-added products, and is focused on enhancing its AI strategy and premium segments for 2025.Record-Breaking Revenue and Growth
Company-wide revenue increased by 7% sequentially to KRW 79.1 trillion. MX business recorded 13% growth due to new smartphone models, and Display booked a 5% increase due to major customer launches.
Significant Growth in High-Value Memory Products
Revenue growth of over 70% for HBM, mid-teens for server DDR5, and mid-30s for server SSD, indicating strong demand and strategic focus on high-value products.
Continued Leadership in Mobile and Display
Record high brand value growth by 10% to reach $100.8 billion, maintaining #5 position in Interbrand's top 100 best global brands.
AI and Connectivity Strategy
Samsung's AI strategy across multiple devices with SmartThings platform reaching 360 million users, focusing on security, convenience, and efficiency.
OLED Penetration and Display Innovations
OLED penetration rate is predicted to rise, maintaining leadership in foldable and high-end smartphones with innovative OLED technologies.
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SSNLF 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
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SSNLF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 31, 2024 | $46.21 | $46.21 | 0.00% |
| Jul 31, 2024 | $46.21 | $46.21 | 0.00% |
| Apr 30, 2024 | $46.21 | $46.21 | 0.00% |
| Jan 31, 2024 | $46.21 | $46.21 | 0.00% |
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.
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FAQ
When does Samsung Electronics (SSNLF) report earnings?
Samsung Electronics (SSNLF) is schdueled to report earning on Jan 31, 2025, TBA Not Confirmed.
What is Samsung Electronics (SSNLF) earnings time?
Samsung Electronics (SSNLF) earnings time is at Jan 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SSNLF EPS forecast?
Currently, no data Available
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