Samsung Electronics (SSNLF) Projected to Post Earnings on Friday

Samsung Electronics (OTCMKTS:SSNLF) will likely be announcing its earnings results 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

Shares of SSNLF stock opened at $40.60 on Thursday. Samsung Electronics has a 1 year low of $40.60 and a 1 year high of $40.60. The firm has a market capitalization of $5.24 billion, a PE ratio of 15.15 and a beta of 0.88. The stock has a fifty day moving average of $40.60 and a two-hundred day moving average of $40.60.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. downgraded Samsung Electronics from an “overweight” rating to a “neutral” rating in a research 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.