Woori Financial Group Inc expected to post earnings of KRW1,110.86 a share - Earnings Preview

Woori Financial

24/10/2023 12:05

* Woori Financial Group Inc  316140.KS   is expected to show
a
fall in quarterly revenue when it reports  results on October
26. 
    * The Seoul-based  company is expected to report  a
7.5% decrease
in revenue to KRW2.469 trillion from KRW2.67 trillion a year
ago, according to the mean estimate from 7 analysts, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Woori Financial
Group Inc
is for earnings of KRW1,110.86 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 18 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Woori
Financial
Group Inc is KRW14,000​, above​ its last closing price
of KRW12,280.00. ​​​

Previous quarterly performance (using preferred earnings measure
in won). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  1.13        1.16       8.14      Missed  -29.5
               thousand    thousand   hundred           
 Mar. 31 2023  1.18        1.21       1.21      Beat    0.7
               thousand    thousand   thousand          
 Dec. 31 2022  7.44        7.61       6.21      Missed  -18.4​
               hundred     hundred    hundred           
 Sep. 30 2022  1.24        1.23       1.21      Missed  -1.8
               thousand    thousand   thousand          
 ​​Jun.        1.18        1.16       1.24      Beat    6.3
 30 2022       thousand    thousand   thousand          
 Mar. 31 2022  1.02        9.97       1.13      Beat    13.1​
               thousand    hundred    thousand          
 Dec. 31 2021  4.87        4.32       5.10      Beat    18.1
               hundred     hundred    hundred           
 Sep. 30 2021  8.98        8.30       1.05      Beat    26.4
               hundred     hundred    thousand          
 This summary was machine generated October 24 at 11:05 GMT.  All
figures in won  unless otherwise stated