Kia Corp Beats Estimates in 2Q Earnings with Record Operating Profit of 3.40 Trillion Won

• Kia Motors reported strong second quarter earnings, beating analyst estimates.
• Consolidated operating profit was 3.40 trillion won, compared to the consensus estimate of 3.09 trillion won.
• Consolidated net profit was 2.82 trillion won, compared to the consensus estimate of 2.45 trillion won.
• Sales totaled 26.24 trillion won, compared to the consensus estimate of 25.54 trillion won.
• Analysts have a positive outlook on the company’s stock, with 28 “buys”, 3 “holds”, and 0 “sells”.

A look at Kia Corp Smart Scores

Kia Corporation is a global leader in the manufacture, sale, and export of passenger cars, mini-buses, trucks, and commercial vehicles. Kia is renowned for its use of hybrid electric and fuel cell technology, and for marketing its products to customers around the world. According to the Smartkarma Smart Scores, Kia Corp has an overall long-term outlook of 4-5, indicating an excellent outlook for the company.

The company has been rated highly on factors such as Value, Dividend, Growth, Resilience, and Momentum. Kia Corp has scored 4 in Value, 5 in Dividend, 5 in Growth, 5 in Resilience, and 4 in Momentum. This strong performance in all five categories suggests that Kia Corp is well-positioned for long-term success.

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