Samsung Electronics (SSNLF) to Release Earnings on Thursday

Samsung Electronics (OTCMKTS:SSNLF) will likely be releasing its resultson Thursday, April 30th. Analysts expect Samsung Electronics to post earnings of $4,988.29 per share and revenue of $116,351.6387 billion for the quarter.

Samsung Electronics Stock Performance

SSNLF opened at $140.00 on Tuesday. The company has a market cap of $18.07 billion, a P/E ratio of 52.24 and a beta of 0.88. The business’s 50-day moving average price is $77.18 and its 200-day moving average price is $66.20. Samsung Electronics has a 12 month low of $65.21 and a 12 month high of $140.00.

Wall Street Analyst Weigh In

Several research firms have recently commented on SSNLF. Susquehanna upgraded Samsung Electronics from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 20th. Erste Group Bank upgraded Samsung Electronics from a “hold” rating to a “buy” rating in a report on Friday, January 23rd. One research analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the company. According to data from MarketBeat.com, Samsung Electronics currently has an average rating of “Buy”.

Samsung Electronics Company Profile

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.