LG Electronics’ Preliminary Earnings Miss Street Views

LG Electronics forecast third-quarter operating profit well below market estimates amid lingering business uncertainties, sending shares tumbling, though continued earnings improvement keeps the South Korean consumer-electronics giant on course for a recovery this year. While the performance was softer than expected, LG has continued to expand aggressively into fast-growing businesses in the AI era, such as data-center cooling systems and robotics, while trying to maintain growth in its home-appliance and other core businesses. LG said Wednesday that geopolitical instability and macroeconomic volatility were weighing on the company.

Analysts see Korean exporters facing challenges from the won’s appreciation and elevated shipping costs amid conflicts in the Middle East and Europe. Despite the persistent uncertainties, LG said its home-appliance, vehicle-component and TV businesses remained profitable in the quarter. Companywide cost cuts also helped offset higher logistics, material and fixed costs, it said.

Operating profit likely climbed 13.5% from a year earlier to 781.80 billion won, equivalent to $584.4 million, for the three months ended September, the company said. Revenue is expected to have risen 8.9% to 23.827 trillion won. Compared with the previous quarter, operating profit likely fell 50.5%, while revenue is projected to have been flat.

Both figures missed market expectations. Analysts were looking for a bigger quarterly profit jump to 1.028 trillion won, according to a Fact Set-compiled consensus estimate. Shares fell more than 9% following the preliminary results, paring strong year-to-date gains.

The stock has still more than doubled this year as the company expands its push into AI and new businesses.

LG Electronics توقعت ربحاً تشغيلياً للربع الثالث considerably دون المتوقع، amid lingering business uncertainties, sending shares tumbling, though continued earnings improvement keeps the South Korean consumer-electronics giant on course for a recovery this year. While the performance was softer than expected, LG has continued to expand aggressively into fast-growing businesses in the AI era, such as data-center cooling systems and robotics, while trying to maintain growth in its home-appliance and other core businesses. LG said Wednesday that geopolitical instability and macroeconomic volatility were weighing on the company.

Analysts see Korean exporters facing challenges from the won’s appreciation and elevated shipping costs amid conflicts in the Middle East and Europe. Despite the persistent uncertainties, LG said its home-appliance, vehicle-component and TV businesses remained profitable in the quarter. Companywide cost cuts also helped offset higher logistics, material and fixed costs, it said.

Operating profit likely climbed 13.5% from a year earlier to 781.80 billion won, equivalent to $584.4 million, for the three months ended September, the company said. Revenue is expected to have risen 8.9% to 23.827 trillion won. Compared with the previous quarter, operating profit likely fell 50.5%, while revenue is projected to have been flat.

Both figures missed market expectations. Analysts were looking for a bigger quarterly profit jump to 1.028 trillion won, according to a Fact Set-compiled consensus estimate. Shares fell more than 9% following the preliminary results, paring strong year-to-date gains.

The stock has still more than doubled this year as the company expands its push into AI and new businesses.

LG ইলেকট্রনিক্স তৃতীয় ত্রৈমাসিক运营利润 বাজার অনুমান থেকে অনেক নিচে, amid lingering business uncertainties, sending shares tumbling, though continued earnings improvement keeps the South Korean consumer-electronics giant on course for a recovery this year. While the performance was softer than expected, LG has continued to expand aggressively into fast-growing businesses in the AI era, such as data-center cooling systems and robotics, while trying to maintain growth in its home-appliance and other core businesses. LG said Wednesday that geopolitical instability and macroeconomic volatility were weighing on the company.

Analysts see Korean exporters facing challenges from the won’s appreciation and elevated shipping costs amid conflicts in the Middle East and Europe. Despite the persistent uncertainties, LG said its home-appliance, vehicle-component and TV businesses remained profitable in the quarter. Companywide cost cuts also helped offset higher logistics, material and fixed costs, it said.

Operating profit likely climbed 13.5% from a year earlier to 781.80 billion won, equivalent to $584.4 million, for the three months ended September, the company said. Revenue is expected to have risen 8.9% to 23.827 trillion won. Compared with the previous quarter, operating profit likely fell 50.5%, while revenue is projected to have been flat.

Both figures missed market expectations. Analysts were looking for a bigger quarterly profit jump to 1.028 trillion won, according to a Fact Set-compiled consensus estimate. Shares fell more than 9% following the preliminary results, paring strong year-to-date gains.

The stock has still more than doubled this year as the company expands its push into AI and new businesses.

LG Electronics prognostiziert Betriebsgewinn des dritten Quartals deutlich unter den Markterwartungen, amid lingering business uncertainties, sending shares tumbling, though continued earnings improvement keeps the South Korean consumer-electronics giant on course for a recovery this year. While the performance was softer than expected, LG has continued to expand aggressively into fast-growing businesses in the AI era, such as data-center cooling systems and robotics, while trying to maintain growth in its home-appliance and other core businesses. LG said Wednesday that geopolitical instability and macroeconomic volatility were weighing on the company.

Analysts see Korean exporters facing challenges from the won’s appreciation and elevated shipping costs amid conflicts in the Middle East and Europe. Despite the persistent uncertainties, LG said its home-appliance, vehicle-component and TV businesses remained profitable in the quarter. Companywide cost cuts also helped offset higher logistics, material and fixed costs, it said.

Operating profit likely climbed 13.5% from a year earlier to 781.80 billion won, equivalent to $584.4 million, for the three months ended September, the company said. Revenue is expected to have risen 8.9% to 23.827 trillion won. Compared with the previous quarter, operating profit likely fell 50.5%, while revenue is projected to have been flat.

Both figures missed market expectations. Analysts were looking for a bigger quarterly profit jump to 1.028 trillion won, according to a Fact Set-compiled consensus estimate. Shares fell more than 9% following the preliminary results, paring strong year-to-date gains.

The stock has still more than doubled this year as the company expands its push into AI and new businesses.

LG Electronics pronostica beneficio operativo del tercer trimestre muy por debajo de las estimaciones del mercado, amid lingering business uncertainties, sending shares tumbling, though continued earnings improvement keeps the South Korean consumer-electronics giant on course for a recovery this year. While the performance was softer than expected, LG has continued to expand aggressively into fast-growing businesses in the AI era, such as data-center cooling systems and robotics, while trying to maintain growth in its home-appliance and other core businesses. LG said Wednesday that geopolitical instability and macroeconomic volatility were weighing on the company.

Analysts see Korean exporters facing challenges from the won’s appreciation and elevated shipping costs amid conflicts in the Middle East and Europe. Despite the persistent uncertainties, LG said its home-appliance, vehicle-component and TV businesses remained profitable in the quarter. Companywide cost cuts also helped offset higher logistics, material and fixed costs, it said.

Operating profit likely climbed 13.5% from a year earlier to 781.80 billion won, equivalent to $584.4 million, for the three months ended September, the company said. Revenue is expected to have risen 8.9% to 23.827 trillion won. Compared with the previous quarter, operating profit likely fell 50.5%, while revenue is projected to have been flat.

Both figures missed market expectations. Analysts were looking for a bigger quarterly profit jump to 1.028 trillion won, according to a Fact Set-compiled consensus estimate. Shares fell more than 9% following the preliminary results, paring strong year-to-date gains.

The stock has still more than doubled this year as the company expands its push into AI and new businesses.

LG Electronics prévoit un bénéfice opérationnel du troisième trimestre bien en-deçà des estimations du marché, amid lingering business uncertainties, sending shares tumbling, though continued earnings improvement keeps the South Korean consumer-electronics giant on course for a recovery this year. While the performance was softer than expected, LG has continued to expand aggressively into fast-growing businesses in the AI era, such as data-center cooling systems and robotics, while trying to maintain growth in its home-appliance and other core businesses. LG said Wednesday that geopolitical instability and macroeconomic volatility were weighing on the company.

Analysts see Korean exporters facing challenges from the won’s appreciation and elevated shipping costs amid conflicts in the Middle East and Europe. Despite the persistent uncertainties, LG said its home-appliance, vehicle-component and TV businesses remained profitable in the quarter. Companywide cost cuts also helped offset higher logistics, material and fixed costs, it said.

Operating profit likely climbed 13.5% from a year earlier to 781.80 billion won, equivalent to $584.4 million, for the three months ended September, the company said. Revenue is expected to have risen 8.9% to 23.827 trillion won. Compared with the previous quarter, operating profit likely fell 50.5%, while revenue is projected to have been flat.

Both figures missed market expectations. Analysts were looking for a bigger quarterly profit jump to 1.028 trillion won, according to a Fact Set-compiled consensus estimate. Shares fell more than 9% following the preliminary results, paring strong year-to-date gains.

The stock has still more than doubled this year as the company expands its push into AI and new businesses.

LG इलेक्ट्रॉनिक्स ने तीसरी तिमाही के लिए ऑपरेटिंग लाभ बाजार अनुमानों से काफी नीचे आंका है, amid lingering business uncertainties, sending shares tumbling, though continued earnings improvement keeps the South Korean consumer-electronics giant on course for a recovery this year. While the performance was softer than expected, LG has continued to expand aggressively into fast-growing businesses in the AI era, such as data-center cooling systems and robotics, while trying to maintain growth in its home-appliance and other core businesses. LG said Wednesday that geopolitical instability and macroeconomic volatility were weighing on the company.

Analysts see Korean exporters facing challenges from the won’s appreciation and elevated shipping costs amid conflicts in the Middle East and Europe. Despite the persistent uncertainties, LG said its home-appliance, vehicle-component and TV businesses remained profitable in the quarter. Companywide cost cuts also helped offset higher logistics, material and fixed costs, it said.

Operating profit likely climbed 13.5% from a year earlier to 781.80 billion won, equivalent to $584.4 million, for the three months ended September, the company said. Revenue is expected to have risen 8.9% to 23.827 trillion won. Compared with the previous quarter, operating profit likely fell 50.5%, while revenue is projected to have been flat.

Both figures missed market expectations. Analysts were looking for a bigger quarterly profit jump to 1.028 trillion won, according to a Fact Set-compiled consensus estimate. Shares fell more than 9% following the preliminary results, paring strong year-to-date gains.

The stock has still more than doubled this year as the company expands its push into AI and new businesses.

LG Electronics memperkirakan laba operasi Q3 jauh di bawah estimasi pasar, amid lingering business uncertainties, sending shares tumbling, though continued earnings improvement keeps the South Korean consumer-electronics giant on course for a recovery this year. While the performance was softer than expected, LG has continued to expand aggressively into fast-growing businesses in the AI era, such as data-center cooling systems and robotics, while trying to maintain growth in its home-appliance and other core businesses. LG said Wednesday that geopolitical instability and macroeconomic volatility were weighing on the company.

Analysts see Korean exporters facing challenges from the won’s appreciation and elevated shipping costs amid conflicts in the Middle East and Europe. Despite the persistent uncertainties, LG said its home-appliance, vehicle-component and TV businesses remained profitable in the quarter. Companywide cost cuts also helped offset higher logistics, material and fixed costs, it said.

Operating profit likely climbed 13.5% from a year earlier to 781.80 billion won, equivalent to $584.4 million, for the three months ended September, the company said. Revenue is expected to have risen 8.9% to 23.827 trillion won. Compared with the previous quarter, operating profit likely fell 50.5%, while revenue is projected to have been flat.

Both figures missed market expectations. Analysts were looking for a bigger quarterly profit jump to 1.028 trillion won, according to a Fact Set-compiled consensus estimate. Shares fell more than 9% following the preliminary results, paring strong year-to-date gains.

The stock has still more than doubled this year as the company expands its push into AI and new businesses.

LG電子は3Qの運営利益を市場予想より大幅に下回ると予想し、 amid lingering business uncertainties, sending shares tumbling, though continued earnings improvement keeps the South Korean consumer-electronics giant on course for a recovery this year. While the performance was softer than expected, LG has continued to expand aggressively into fast-growing businesses in the AI era, such as data-center cooling systems and robotics, while trying to maintain growth in its home-appliance and other core businesses. LG said Wednesday that geopolitical instability and macroeconomic volatility were weighing on the company.

Analysts see Korean exporters facing challenges from the won’s appreciation and elevated shipping costs amid conflicts in the Middle East and Europe. Despite the persistent uncertainties, LG said its home-appliance, vehicle-component and TV businesses remained profitable in the quarter. Companywide cost cuts also helped offset higher logistics, material and fixed costs, it said.

Operating profit likely climbed 13.5% from a year earlier to 781.80 billion won, equivalent to $584.4 million, for the three months ended September, the company said. Revenue is expected to have risen 8.9% to 23.827 trillion won. Compared with the previous quarter, operating profit likely fell 50.5%, while revenue is projected to have been flat.

Both figures missed market expectations. Analysts were looking for a bigger quarterly profit jump to 1.028 trillion won, according to a Fact Set-compiled consensus estimate. Shares fell more than 9% following the preliminary results, paring strong year-to-date gains.

The stock has still more than doubled this year as the company expands its push into AI and new businesses.

LG Electronics prevê lucro operacional do terceiro trimestre muito abaixo das estimativas do mercado, amid lingering business uncertainties, sending shares tumbling, though continued earnings improvement keeps the South Korean consumer-electronics giant on course for a recovery this year. While the performance was softer than expected, LG has continued to expand aggressively into fast-growing businesses in the AI era, such as data-center cooling systems and robotics, while trying to maintain growth in its home-appliance and other core businesses. LG said Wednesday that geopolitical instability and macroeconomic volatility were weighing on the company.

Analysts see Korean exporters facing challenges from the won’s appreciation and elevated shipping costs amid conflicts in the Middle East and Europe. Despite the persistent uncertainties, LG said its home-appliance, vehicle-component and TV businesses remained profitable in the quarter. Companywide cost cuts also helped offset higher logistics, material and fixed costs, it said.

Operating profit likely climbed 13.5% from a year earlier to 781.80 billion won, equivalent to $584.4 million, for the three months ended September, the company said. Revenue is expected to have risen 8.9% to 23.827 trillion won. Compared with the previous quarter, operating profit likely fell 50.5%, while revenue is projected to have been flat.

Both figures missed market expectations. Analysts were looking for a bigger quarterly profit jump to 1.028 trillion won, according to a Fact Set-compiled consensus estimate. Shares fell more than 9% following the preliminary results, paring strong year-to-date gains.

The stock has still more than doubled this year as the company expands its push into AI and new businesses.

LG Electronics прогнозирует операционную прибыль третьего кварталя значительно ниже ожиданий рынка, amid lingering business uncertainties, sending shares tumbling, though continued earnings improvement keeps the South Korean consumer-electronics giant on course for a recovery this year. While the performance was softer than expected, LG has continued to expand aggressively into fast-growing businesses in the AI era, such as data-center cooling systems and robotics, while trying to maintain growth in its home-appliance and other core businesses. LG said Wednesday that geopolitical instability and macroeconomic volatility were weighing on the company.

Analysts see Korean exporters facing challenges from the won’s appreciation and elevated shipping costs amid conflicts in the Middle East and Europe. Despite the persistent uncertainties, LG said its home-appliance, vehicle-component and TV businesses remained profitable in the quarter. Companywide cost cuts also helped offset higher logistics, material and fixed costs, it said.

Operating profit likely climbed 13.5% from a year earlier to 781.80 billion won, equivalent to $584.4 million, for the three months ended September, the company said. Revenue is expected to have risen 8.9% to 23.827 trillion won. Compared with the previous quarter, operating profit likely fell 50.5%, while revenue is projected to have been flat.

Both figures missed market expectations. Analysts were looking for a bigger quarterly profit jump to 1.028 trillion won, according to a Fact Set-compiled consensus estimate. Shares fell more than 9% following the preliminary results, paring strong year-to-date gains.

The stock has still more than doubled this year as the company expands its push into AI and new businesses.

LG电子预计第三季运营利润远低于市场预估， amid lingering business uncertainties， sending shares tumbling， though continued earnings improvement keeps the South Korean consumer-electronics giant on course for a recovery this year. While the performance was softer than expected， LG has continued to expand aggressively into fast-growing businesses in the AI era， such as data-center cooling systems and robotics， while trying to maintain growth in its home-appliance and other core businesses. LG said Wednesday that geopolitical instability and macroeconomic volatility were weighing on the company.

Analysts see Korean exporters facing challenges from the won’s appreciation and elevated shipping costs amid conflicts in the Middle East and Europe. Despite the persistent uncertainties， LG said its home-appliance， vehicle-component and TV businesses remained profitable in the quarter. Companywide cost cuts also helped offset higher logistics， material and fixed costs， it said.

Operating profit likely climbed 13.5% from a year earlier to 781.80 billion won， equivalent to $584.4 million， for the three months ended September， the company said. Revenue is expected to have risen 8.9% to 23.827 trillion won. Compared with the previous quarter， operating profit likely fell 50.5%， while revenue is projected to have been flat.

Both figures missed market expectations. Analysts were looking for a bigger quarterly profit jump to 1.028 trillion won， according to a Fact Set-compiled consensus estimate. Shares fell more than 9% following the preliminary results， paring strong year-to-date gains.

The stock has still more than doubled this year as the company expands its push into AI and new businesses.