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Dec 09, 2024 18:01
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Samsung Q3 Earnings Report Insights

Today, Samsung Electronics revealed its preliminary Q3 results, reporting a revenue of 79 trillion won, below market expectations. Operating profit has declined from last quarter but improved year-over-year. Despite concerns, industry experts suggest this is not a significant earnings shock. Stay tuned for future updates.
(p1) Today, Samsung Electronics announced its preliminary results for the third quarter.
(p2) The thirdquarter revenue increased to 79 trillion won.
(p3) However, this figure is lower than the market consensus of 80.9 trillion won.
(p4) Operating profit decreased compared to the previous quarter, but increased compared to the same period last year.
(p5) This figure is lower than the market consensus of 10.8 trillion won.
(p6) However, in the long term, it doesnt seem like an earnings shock. The media reports it as an earnings shock, but that seems excessive. Results after the fourth quarter might be even worse. Thank you.
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