{"id":10335,"date":"2016-10-12T10:00:41","date_gmt":"2016-10-12T14:00:41","guid":{"rendered":"http:\/\/news.samsung.com\/us\/?p=10335"},"modified":"2019-06-18T21:25:40","modified_gmt":"2019-06-19T01:25:40","slug":"samsung-electronics-announces-earnings-guidance-3q-2016","status":"publish","type":"post","link":"https:\/\/news.samsung.com\/us\/samsung-electronics-announces-earnings-guidance-3q-2016\/","title":{"rendered":"[Update] Samsung Electronics Announces Revised Earnings Guidance for Q3 2016"},"content":{"rendered":"<p><span class=\"press-release-open\"><strong>SEOUL, Korea \u2013\u00a0October 12, 2016 \u2013\u00a0<\/strong><\/span><a href=\"http:\/\/www.samsung.com\/us\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Samsung Electronics Co., Ltd.<\/strong> <\/a>today announced its REVISED earnings guidance for the third quarter of 2016.<\/p>\n<p>After recent incidents and in consideration of our consumers\u2019 safety, Samsung Electronics stopped sales, exchanges and production of the Galaxy Note 7. Below is a revised pre-earnings guidance which reflects the impact of this decision on the third quarter earnings, in accordance with accounting standards. We are providing the revised guidance based on disclosure regulations of securities market.<\/p>\n<p><strong>\u00b7 Consolidated Sales:<\/strong> Approximately 47 trillion Korean won<\/p>\n<p><strong>\u00b7 Consolidated Operating Profit:<\/strong> Approximately 5.2 trillion Korean won<\/p>\n<p>The above figures are estimates of consolidated earnings based on K-IFRS. Please note that Korean disclosure regulations do not allow earnings estimates to be provided as a range. Therefore, in compliance with such disclosure regulations, the above figures represent the median of the earnings estimate range, provided below.<\/p>\n<p><strong>\u00b7 \u009f Sales:<\/strong> 46 ~ 48 trillion Korean won<\/p>\n<p><strong>\u00b7 \u009f Operating Profit:<\/strong> 5.1 ~ 5.3 trillion Korean won<\/p>\n<p>=============================================================<\/p>\n<p><span class=\"press-release-open\"><strong>SEOUL, Korea \u2013\u00a0October 7, 2016 \u2013\u00a0<\/strong><\/span><a href=\"http:\/\/www.samsung.com\/us\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Samsung Electronics Co., Ltd.<\/strong> <\/a>today announced its earnings guidance for the\u00a0third quarter of 2016.<\/p>\n<ul>\n<li>\u00a0\u00a0Consolidated Sales:\u00a0Approximately\u00a049 trillion Korean won<\/li>\n<li>\u00a0\u00a0Consolidated Operating Profit: Approximately\u00a07.8 trillion Korean\u00a0won<\/li>\n<\/ul>\n<p>The above figures are estimates of consolidated earnings\u00a0based on K-IFRS. Please note that Korean disclosure regulations do not allow earnings estimates to be provided as a range. Therefore, in compliance with such disclosure regulations, the above figures represent\u00a0the median of the earnings estimate range, provided\u00a0below.<\/p>\n<ul>\n<li>Sales:\u00a0 48 ~ 50 trillion Korean won<\/li>\n<li>Operating Profit: 7.7 ~ 7.9 trillion Korean won<\/li>\n<\/ul>\n<p><strong><strong><u>\u203b<\/u><\/strong><u><strong>\u00a0 2016 2Q and 2015 3Q consolidated figures based on K-IFRS are as follows<\/strong><\/u><\/strong><\/p>\n\n<table id=\"tablepress-51\" class=\"tablepress tablepress-id-51\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\"><em>(in trillion won)<\/em><\/th><th class=\"column-2\">2016. 2Q<\/th><th class=\"column-3\">2015. 3Q<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\">Sales<\/td><td class=\"column-2\">50.94<\/td><td class=\"column-3\">51.68<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">Operating Profit<\/td><td class=\"column-2\">8.14<\/td><td class=\"column-3\">7.39<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-51 from cache -->\n<p><strong><u>About Samsung Electronics Co., Ltd.<\/u><\/strong><\/p>\n<p>Samsung inspires the world and shapes the future with transformative ideas and technologies. The Company is redefining the worlds of TVs, smartphones, wearable devices, tablets, cameras, digital appliances, printers, medical equipment, network systems, and semiconductor and LED solutions. For the latest news, please visit the Samsung Newsroom at <a href=\"http:\/\/news.samsung.com\/global\/\">news.samsung.com<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SEOUL, Korea \u2013\u00a0October 12, 2016 \u2013\u00a0Samsung Electronics Co., Ltd. today announced its REVISED earnings guidance for the third quarter of 2016. After recent incidents and in consideration of our consumers\u2019 safety, Samsung Electronics stopped sales, exchanges and production of the Galaxy Note 7. Below is a revised pre-earnings guidance which reflects the impact of this [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[29719,29724],"tags":[60,104,109,108],"blue-badge":[],"class_list":["post-10335","post","type-post","status-publish","format-standard","hentry","category-corporate","category-corporate-economic-impact","tag-earnings","tag-financial","tag-profit","tag-revenue"],"acf":{"turn_off_retargeting":false},"fimg_mobile_url":"https:\/\/news.samsung.com\/us\/wp-content\/themes\/samsung-newsroom-2023\/assets\/theme-images\/default-card-mobile.png","fimg_url":"https:\/\/news.samsung.com\/us\/wp-content\/themes\/samsung-newsroom-2023\/assets\/theme-images\/default-card.png","primary_category":{"term_id":29719,"name":"Corporate","slug":"corporate","term_group":0,"term_taxonomy_id":29719,"taxonomy":"category","description":"","parent":0,"count":1027,"filter":"raw","term_link":"https:\/\/news.samsung.com\/us\/category\/corporate\/","term_path":"corporate"},"badge":false,"_links":{"self":[{"href":"https:\/\/news.samsung.com\/us\/wp-json\/wp\/v2\/posts\/10335","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news.samsung.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.samsung.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.samsung.com\/us\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/news.samsung.com\/us\/wp-json\/wp\/v2\/comments?post=10335"}],"version-history":[{"count":0,"href":"https:\/\/news.samsung.com\/us\/wp-json\/wp\/v2\/posts\/10335\/revisions"}],"wp:attachment":[{"href":"https:\/\/news.samsung.com\/us\/wp-json\/wp\/v2\/media?parent=10335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.samsung.com\/us\/wp-json\/wp\/v2\/categories?post=10335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.samsung.com\/us\/wp-json\/wp\/v2\/tags?post=10335"},{"taxonomy":"blue-badge","embeddable":true,"href":"https:\/\/news.samsung.com\/us\/wp-json\/wp\/v2\/blue-badge?post=10335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}