Samsung Electronics (SSNLF) Expected to Announce Earnings on Thursday

Samsung Electronics (OTCMKTS:SSNLF) is expected to release 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 Price Performance

Shares of SSNLF opened at $140.00 on Thursday. The business’s fifty day moving average price is $72.69 and its 200 day moving average price is $63.99. Samsung Electronics has a 12-month low of $65.21 and a 12-month high of $140.00. The stock has a market capitalization of $18.07 billion, a PE ratio of 52.24 and a beta of 0.88.

Analyst Upgrades and Downgrades

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

About Samsung Electronics

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.