SK Telecom Co Ltd reports results for the quarter ended in June - Earnings Summary

SK Telecom

08/08/2023 13:00

* SK Telecom Co Ltd  017670.KS  reported quarterly adjusted
earnings of KRW1,490.00​​ per share for the quarter ended in
June. The mean expectation of seven analysts for the quarter was
for earnings of KRW1,339.15 per share.
    * Revenue rose 0.4% to KRW4.31 trillion from a year ago;
analysts
expected KRW4.38 trillion. 
    * SK Telecom Co Ltd's reported EPS for the quarter was
KRW1,490.00​.
    * The mean earnings estimate of analysts had fallen by
about 6.6%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * SK Telecom Co Ltd shares had risen by 0.4% this
quarter and
lost 1.3% so far this year.
    * The company reported quarterly net income of KRW329.2
billion.
    * Wall Street's median 12-month price target for SK Telecom
Co Ltd
is KRW65,000.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 26 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 8 at 12:00 p.m. UTC. ​All figures in won unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      1.34 thousand  1.49 thousand  Beat
 Mar. 31 2023      1.33 thousand  1.31 thousand  Missed
 Dec. 31 2022      9.90 hundred   9.58 hundred   Missed
 Sep. 30 2022      1.41 thousand  1.06 thousand  Missed