Samsung Expects Profits Rise, Misses Estimate
Samsung has released its earnings guidance for Q4’15, estimating consolidated sales of KRW53 trillion ($43.5 billion), and operating profit of KRW6.1 trillion ($5 billion). The profit represents a 15% YoY rise, from KRW5.4 trillion ($4.4 billion) in Q4’14, although was down QoQ. It was also below the KRW6.6 trillion ($5.4 billion) estimated by Bloomberg analysts. … Read more