Earnings Alerts

Kakao Corp (035720) Earnings: 1Q Operating Profit Misses Estimates

  • Kakao’s operating profit in the first quarter missed the predicted estimates
  • The operating profit of the first quarter was 120.29 billion won, falling significantly short of the estimated 136.39 billion won
  • Kakao’s sales in the first quarter were 1.99 trillion won, also below the forecasted 2.03 trillion won
  • The net profit for the period ended at 73.73 billion won, not reaching the projected 112.27 billion won
  • Despite the underperformance, the company still has a positive investment outlook with 28 buys, 4 holds, and no sells

A look at Kakao Corp Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth2
Resilience4
Momentum3
OVERALL SMART SCORE2.8

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

Based on the Smartkarma Smart Scores, Kakao Corp seems to have a positive long-term outlook. With a strong resilience score of 4, the company appears well-prepared to withstand market challenges and uncertainties. This resilience factor could indicate that Kakao Corp has a solid foundation and is equipped to navigate various economic conditions successfully over the long term.

Additionally, while the growth and dividend scores are moderate at 2 each, the overall picture is balanced by a value score of 3 and a momentum score of 3. This suggests a stable performance with potential for value appreciation and steady momentum in the market. Overall, the Smart Scores indicate that Kakao Corp is positioned reasonably well for future growth and performance in its industry.


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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