Samsung Announces Earnings Guidance for Q4 2015

Samsung has announced its earnings guidance for Q4 2015, forecasting an operating profit of 6.1 trillion won (US$5.08 billion) during the quarter.

While the figure is 15.3 percent higher than what the vendor managed in Q4 2014, it is a decrease of 17.5 percent from the $6.46 billion netted in Q3 2015.

  • Consolidated Sales: Approximately 53.0 trillion Korean won
  • Consolidated Operating Profit: Approximately 6.1 trillion Korean won

Samsung estimates overall sales revenues of 53 trillion won ($46.4 billion), a modest increase from last quarter’s 51.6 trillion won.

Less-than-favorable exchange rates combined with a decline in smartphone sales are said to contribute largely to the vendor’s downturn in profits.

  • Sales: 52.0 ~ 54.0 trillion Korean won
  • Operating Profit: 6.0 ~ 6.2 trillion Korean won

2015 3Q and 2014 4Q consolidated figures based on K-IFRS are as follows:

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