Samsung Electronics (SSNLF) Projected to Post Earnings on Friday

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

Samsung Electronics Stock Performance

Shares of OTCMKTS:SSNLF opened at $40.60 on Wednesday. The business’s 50 day simple moving average is $40.60 and its two-hundred day simple moving average is $40.60. The firm has a market cap of $5.24 billion, a P/E ratio of 15.15 and a beta of 0.88. Samsung Electronics has a 52-week low of $40.60 and a 52-week high of $40.60.

Wall Street Analysts Forecast Growth

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

About Samsung Electronics

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.