Stock Analysis

Samsung E&A Reports Second Quarter 2024 Earnings

Published
KOSE:A028050

Samsung E&A (KRX:028050) Second Quarter 2024 Results

Key Financial Results

  • Revenue: ₩2.69t (down 3.6% from 2Q 2023).
  • Net income: ₩205.3b (down 34% from 2Q 2023).
  • Profit margin: 7.6% (down from 11% in 2Q 2023).
KOSE:A028050 Earnings and Revenue Growth July 26th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Samsung E&A Earnings Insights

Looking ahead, revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Construction industry in South Korea.

Performance of the South Korean Construction industry.

The company's shares are up 12% from a week ago.

Valuation

If you are seeking undervalued stocks, our analysis of 6 valuation measures indicates Samsung E&A could be a good place to look. Click here to find out what a fair price for the stock might be and where analysts see the share price heading over the next year.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.