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Sk Telecom Corporation (SKM)
NYSE:SKM
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Earnings Data
Report Date
Feb 05, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.42Last Year’s EPS
0.31Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 30, 2018
|% Change Since: -5.86%
|Next Earnings Date:Jul 27, 2018
Earnings Call Sentiment|Positive
The earnings call reflected a strong focus on growth and innovation, particularly in AI and data center expansion, supported by steady financial performance and strategic plans. However, challenges remain in addressing net income decline and gaining recognition in corporate value indices.Company Guidance
During the Q3 2024 earnings call for SK Telecom, the company reported consolidated revenue of KRW 4,532.1 billion, marking a 2.9% increase year-over-year, largely driven by the stable growth of roaming and B2B solution businesses. Operating income rose by 7.1% year-over-year to KRW 533.3 billion, while net income was KRW 280.2 billion. On a nonconsolidated basis, revenue increased by 1.7% year-over-year to KRW 3,203.2 billion, with operating income and net income at KRW 457 billion and KRW 222.4 billion, respectively. The company highlighted a 14% year-over-year growth in data center revenue and an 8% increase in enterprise business, with a 30% rise in cloud business revenue. SK Telecom's 5G subscribers reached 16.58 million, comprising 73% of the total subscriber base, and SK Broadband secured 9.62 million pay TV subscribers. The company’s AI strategies, including AI DC, AI B2B, and AI B2C initiatives, aim to capitalize on the growing AI market, with ambitious goals set for 2030, including a total revenue target of KRW 30 trillion with 35% coming from AI. The dividend per share (DPS) for Q3 was maintained at 831, consistent with Q2.Steady Revenue Growth
Consolidated revenue for Q3 2024 was KRW 4,532.1 billion, representing a 2.9% year-over-year increase, attributed to stable growth in roaming and B2B solution business.
Operating Income Improvement
Operating income rose by 7.1% year-over-year to KRW 533.3 billion, driven by cost stabilization in marketing and depreciation.
AI Data Center Expansion
Data center revenue increased by 14% year-over-year, and SK Telecom plans to become a leader in the global AI data center market with new technologies and partnerships.
5G Subscriber Growth
The company reported 16.58 million 5G subscribers, representing 73% of the total subscriber base by the end of September 2024.
Enterprise and Cloud Business Growth
Enterprise business grew 8% year-over-year, and the cloud business saw a 30% revenue increase year-over-year.
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SKM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SKM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $22.71 | $22.38 | -1.45% |
| Aug 06, 2024 | $21.24 | $21.22 | -0.09% |
| May 08, 2024 | $20.73 | $20.79 | +0.29% |
| Feb 05, 2024 | $21.11 | $21.20 | +0.43% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Sk Telecom Corporation (SKM) report earnings?
Sk Telecom Corporation (SKM) is schdueled to report earning on Feb 05, 2025, TBA Not Confirmed.
What is Sk Telecom Corporation (SKM) earnings time?
Sk Telecom Corporation (SKM) earnings time is at Feb 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SKM EPS forecast?
SKM EPS forecast for the fiscal quarter 2024 (Q4) is 0.42.
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