Earnings Alerts

Surpassing Expectations: Naver Corp (035420) Earnings Beat Estimates in 1Q Operating Profit

  • Naver reported an operating profit of 439.3 billion won, surpassing the estimated 394.19 billion won.
  • The Net profit stood at 510.6 billion won, considerably outperforming the estimated 290.24 billion won.
  • The company’s sales reached 2.53 trillion won, slightly more than the estimated 2.51 trillion won.
  • There are currently 33 buy ratings, 3 hold ratings and 1 sell rating for Naver.

Naver Corp on Smartkarma

Analysts on Smartkarma, such as Douglas Kim, are closely monitoring Naver Corp‘s moves as they aim to complete the IPO of their affiliate, Webtoon Entertainment, in the US stock market. With an expected value of US$3 billion to US$4 billion, Webtoon Entertainment is anticipated to raise about US$500 million in this upcoming IPO. This development is projected to have a positive impact on Naver Corp‘s standing in the market, with many analysts leaning towards a bullish sentiment based on the potential outcomes.


A look at Naver Corp Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth3
Resilience4
Momentum2
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

Analysts utilising the Smartkarma Smart Scores for Naver Corp have evaluated the company’s various aspects to assess its long-term outlook. With a mixed score across different factors, Naver Corp is seen as having solid resilience and value, indicating a stable foundation and reasonable pricing. The company’s growth prospects are also perceived positively, albeit not as strongly. However, Naver Corp‘s dividend and momentum scores suggest room for improvement, possibly signaling areas where the company could focus on enhancing shareholder returns and market performance in the future.

Overall, Naver Corp is a prominent player in the internet industry, providing a wide range of services including search engines, online gaming, and content development. Additionally, the company offers marketing services through various advertising mediums. While displaying resilience and value, as highlighted by the Smart Scores, Naver Corp may look to further strengthen its dividend payouts and momentum to potentially enhance its overall performance and attractiveness to investors in the long run.


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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