Earnings Alerts

LG Electronics Q1 Earnings: Operating Profit and Net Sales Miss Estimates

• LG Uplus reported a 1Q operating profit of 220.9 billion won, marking a 15% decrease compared to last year.

• The operating profit revealed was below estimates of 251.3 billion won.

• Net income also decreased by 14% year-on-year, bottoming out at 131.1 billion won, which falls below the predicted 152.27 billion won.

• The company recorded sales of 3.58 trillion won, indicating a mild increase of 1% from the previous year.

• However, the sales figure was less than the estimate, which was set at 3.64 trillion won.

• There were 15 instances of buying, 11 holds, and no sells reported.

• As a refresher, all figures and comparisons are based on values reported from the company’s original disclosures.


A look at LG Electronics Smart Scores

FactorScoreMagnitude
Value4
Dividend2
Growth3
Resilience3
Momentum3
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., a leading manufacturer of digital display equipment and home appliances, has been assigned varying Smartkarma Smart Scores across different factors. With a strong value score of 4, LG Electronics is perceived as having solid fundamentals. However, the dividend score of 2 indicates that the company may not be as generous in rewarding its shareholders in comparison to other factors. Additionally, LG Electronics has received moderate scores in growth, resilience, and momentum, with scores of 3 for each factor. These scores suggest a neutral to positive long-term outlook for LG Electronics, indicating potential for growth and stability in the future.

In summary, LG Electronics Inc. stands out as a diversified manufacturer of digital display equipment and home appliances, including flat panel televisions, A/V products, washing machines, air conditioners, refrigerators, as well as telecommunications equipment like smartphones and tablets. The company’s Smartkarma Smart Scores paint a picture of a company with solid value, yet with room for improvement in dividend payouts, while showing promise in terms of growth, resilience, and momentum, which bodes well for its long-term prospects in the competitive consumer electronics 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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