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

Samsung Electronics (OTCMKTS:SSNLF) is expected to issue its results before the market opens on Thursday, October 29th. Analysts expect Samsung Electronics to post earnings of $10.31 per share and revenue of $153.05 billion for the quarter.

Samsung Electronics Stock Performance

Shares of SSNLF opened at $140.00 on Tuesday. Samsung Electronics has a 1 year low of $65.21 and a 1 year high of $140.00. The company has a market cap of $18.07 billion, a price-to-earnings ratio of 52.24 and a beta of 0.88. The firm has a fifty day moving average of $140.00 and a 200-day moving average of $114.20.

Analyst Ratings Changes

SSNLF has been the topic of several recent research reports. Erste Group Bank downgraded shares of Samsung Electronics from a “buy” rating to a “hold” rating in a research report on Tuesday, July 7th. Zacks Research upgraded shares of Samsung Electronics to a “hold” rating in a research note on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Samsung Electronics Company Profile

Samsung Electronics Co, Ltd. is a South Korean technology company founded in 1969 and headquartered in Suwon, South Korea. It develops and manufactures consumer electronics, information technology products, telecommunications equipment, and electronic components for customers worldwide.

The company operates across several major business areas. Its Device eXperience operations offer smartphones and tablets under the Galaxy brand, televisions, monitors, home appliances, computers, network equipment, and related software and services.