- SK Telecom‘s operating profit for the second quarter was 338.3 billion won, which is a decrease of 37% compared to the same period last year.
- The reported operating profit missed the estimated 376.45 billion won.
- Net profit declined dramatically by 73% year-over-year to 89.6 billion won, falling short of the estimated 275.48 billion won.
- Total sales were 4.34 trillion won, representing a slight decline of 1.9% compared to the previous year.
- The sales figure was below the market estimate of 4.38 trillion won.
- Current analyst recommendations for SK Telecom include 19 buy ratings, 8 hold ratings, and 2 sell ratings.
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SK Telecom on Smartkarma
Analysts on Smartkarma provide diverse coverage of SK Telecom, offering valuable insights for investors.
Sanghyun Park‘s optimistic view suggests potential upside as SKT’s foreign room expands rapidly. Park anticipates a dynamic long-short play in Korean telcos, highlighting the significance of front-running in response to foreign room shifts. On the contrary, Douglas Kim‘s bearish sentiment focuses on the aftermath of a major cyberattack on SK Telecom, projecting significant financial implications and potential management changes. Despite challenges, Kim acknowledges SK Telecom‘s strategic moves, such as the block deal sale of Kakao Corp shares, indicating a positive stance on the company’s future.
A look at SK Telecom Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
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
SK Telecom Co., Ltd., a Korean mobile and telecommunications operator, seems to be in a strong position for the long term, as indicated by their Smartkarma Smart Scores. Their impressive Dividend score of 5 reflects the company’s commitment to rewarding its shareholders with consistent payouts. Additionally, with solid scores in Value, Growth, Resilience, and Momentum (all at 3), SK Telecom shows stability across different key factors that contribute to a positive long-term outlook.
Overall, SK Telecom appears to be a reliable choice for investors looking for a telecommunications company with strong fundamentals. The company’s wide range of services, including cellular voice, wireless data, and internet services, coupled with their solid Smart Scores, suggests that SK Telecom is well-positioned to continue delivering value and growth opportunities in the dynamic telecommunications market.
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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