Samsung Electronics (SSNLF) Expected to Release Quarterly Earnings on Thursday

Samsung Electronics (OTCMKTS:SSNLFGet Free Report) will likely be announcing its resultson Thursday, July 30th. Analysts expect the company to announce earnings of $7.14 per share and revenue of $109.7434 billion for the quarter.

Samsung Electronics Stock Performance

Shares of OTCMKTS SSNLF opened at $140.00 on Thursday. Samsung Electronics has a 1 year low of $65.21 and a 1 year high of $140.00. The firm has a market cap of $18.07 billion, a price-to-earnings ratio of 52.24 and a beta of 0.88. The stock’s 50-day simple moving average is $140.00 and its 200-day simple moving average is $101.02.

Analyst Upgrades and Downgrades

Separately, Erste Group Bank lowered Samsung Electronics from a “buy” rating to a “hold” rating in a research note on Tuesday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy”.

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Key Samsung Electronics News

Here are the key news stories impacting Samsung Electronics this week:

Samsung Electronics Company Profile

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Samsung Electronics Co, Ltd. is a South Korean multinational technology company headquartered in Suwon, South Korea. As a core subsidiary of the Samsung Group, the company designs, develops and manufactures a broad range of consumer electronics, mobile communications devices and semiconductor products. Its diversified portfolio spans televisions and home appliances, smartphones and network equipment, as well as memory and system LSI chips used across data centers and automotive platforms.

In the consumer electronics segment, Samsung is known for high-definition TVs, monitors, refrigerators, washing machines and air conditioners, incorporating smart connectivity and energy-efficient technologies.

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Earnings History for Samsung Electronics (OTCMKTS:SSNLF)

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