Earnings Alerts

LG Electronics (066570) Earnings: 1Q Operating Profit Hits 1.26T Won Despite Share Price Dip

  • LG Electronics reported an operating profit of 1.26 trillion won for the first quarter.
  • The company’s sales during this period amounted to 22.74 trillion won.
  • Despite the reported profit, LG Electronics‘ shares fell by 4.1%, closing at 69,800 won.
  • On the trading day, a total of 351,889 shares were traded.
  • Analysts have provided 27 buy ratings and 5 hold ratings, with no sell ratings issued for LG Electronics shares.

LG Electronics on Smartkarma

Analysts on Smartkarma have provided in-depth coverage of LG Electronics, offering varying perspectives on the company’s strategic moves and market positioning. According to Tech Supply Chain Tracker‘s reports, LG Electronics is expanding its manufacturing operations in India, amidst a backdrop of challenges such as liquid cooling for servers and global trade tensions. Additionally, the report highlights developments in the China smartphone market and the bankruptcy filing of foldable phone pioneer, Royole Technologies.

Moreover, analyst Devi Subhakesan presents a bullish view on LG Electronics India, suggesting that the company is well-positioned for an IPO in India following strong profit growth. With the potential to raise significant funds and capitalize on the country’s growing consumer durables sector, LG Electronics India aims to leverage government initiatives to support future demand growth in the white goods market. The research underscores the positive momentum and opportunities for LG Electronics in the Indian market.


A look at LG Electronics Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth3
Resilience3
Momentum2
OVERALL SMART SCORE3.0

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

LG Electronics Inc. manufactures and markets a wide range of digital display equipment and home appliances, including flat panel televisions, A/V products, washing machines, air conditioners, refrigerators, and telecommunications equipment like smartphones and tablets. Analyzing LG Electronics using the Smartkarma Smart Scores, the company scores well in several areas. With a strong value score of 4, LG Electronics is considered to be undervalued relative to its intrinsic worth. Regarding dividends, LG Electronics scores a 3, indicating that the company offers a moderate dividend yield. In terms of growth potential and resilience, the company scores a 3 on both factors, showing promising prospects for expansion and a stable business model. However, on momentum, LG Electronics scores a 2, implying that the company may be facing challenges in maintaining positive stock price performance.

In conclusion, based on the Smartkarma Smart Scores assessment, LG Electronics shows favorable long-term potential with its strong value, dividend, growth, and resilience scores. However, the lower momentum score suggests that investors should be cautious of short-term fluctuations in the company’s stock price. Overall, LG Electronics‘ diversified product portfolio in digital display equipment and home appliances, coupled with its solid performance across multiple factors, positions it well for sustainable growth and value creation in the future.


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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