Samsung Electronics (SSNLF) to Release Quarterly Earnings on Friday

Samsung Electronics (OTCMKTS:SSNLF) is expected to be issuing its quarterly earnings data before the market opens on Friday, January 31st. Analysts expect the company to announce earnings of $0.96 per share and revenue of $77,329.93 billion for the quarter.

Samsung Electronics Stock Performance

Samsung Electronics stock opened at $40.60 on Thursday. Samsung Electronics has a 52 week low of $40.60 and a 52 week high of $40.60. The stock has a market cap of $5.24 billion, a P/E ratio of 15.15 and a beta of 0.88. The stock has a 50 day moving average of $40.60 and a 200-day moving average of $40.60.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. lowered shares of Samsung Electronics from an “overweight” rating to a “neutral” rating in a report on Wednesday, December 11th.

Samsung Electronics Company Profile

Samsung Electronics Co, Ltd. engages in the consumer electronics, information technology and mobile communications, and device solutions businesses worldwide. The company offers smartphones, tablets, watches, and accessories; TVs, projectors, and sound devices; home appliances, including refrigerators, washing machines and dryers, vacuum cleaners, cooking appliances, dishwashers, air conditioners, and air purifiers; monitors and memory storage products; displays, and smart and LED signages; and other accessories.