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POSCO (PKX)
NYSE:PKX
Earnings Data
Report Date
Apr 28, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.7Last Year’s EPS
1.18Same Quarter Last Year
Moderate Sell
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 03, 2025
|% Change Since: 2.74%
|Next Earnings Date:Apr 28, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture with significant challenges in declining profits across major segments due to market conditions, while highlighting strategic expansions and restructuring efforts aimed at future growth.Company Guidance
During the POSCO Holdings 2024 earnings call, guidance was provided on various business segments amid challenging market conditions. The company reported consolidated revenue of KRW72.7 trillion and an operating profit of KRW2.2 trillion, both declining from the previous year. The steel segment faced headwinds due to China's oversupply, resulting in a 35% year-over-year decline in operating profit and a 3.9% drop in the operating margin. Despite these challenges, the company maintained relatively stable profits in its value-added steel products and pursued overseas growth market investments and carbon neutrality efforts. The Energy Materials segment recorded KRW278 billion in losses, impacted by initial operation costs and inventory valuation losses, but saw progress with new battery materials plants reaching ramp-up stages. POSCO also focused on restructuring low-performing assets, generating KRW662.5 billion in cash, with plans to liquidate additional assets in 2025 to improve asset efficiency. The company highlighted plans to invest in lithium and cathode active materials production and infrastructure expansion in Australia and Myanmar to strengthen its energy business foundation. Despite adverse conditions, POSCO Holdings aims to sustain strong profits by focusing on enhancing facility capacity, acquiring quality lithium assets, and stabilizing operations to achieve medium-term profitability.Successful Completion of EV Battery Materials Plants
In Q4, POSCO successfully completed various EV battery materials plants, including POSCO Argentina and POSCO Lithium Solution, marking progress in the Energy Materials business.
Restructuring Efforts Generate Significant Cash
Through restructuring efforts, KRW662.5 billion cash was generated, with KRW100 billion allocated for buying back and retiring treasury shares.
Expansion in Energy Materials
Completion of Phase 1 brine lithium plant in Argentina by end of 2024 and significant contracts with SK ON and Future M, exceeding the capacity of Plant 1.
Continued Investment in Infrastructure
Investments in Australia and Myanmar to expand production capacity, including offshore gas field Phase 3 commercial production in Myanmar and Senex development project in Australia.
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PKX 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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PKX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 03, 2025 | $44.52 | $41.54 | -6.69% |
| Oct 30, 2024 | $62.29 | $60.82 | -2.36% |
| Jul 25, 2024 | $62.50 | $64.94 | +3.90% |
| Apr 25, 2024 | $71.38 | $71.04 | -0.48% |
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 POSCO (PKX) report earnings?
POSCO (PKX) is schdueled to report earning on Apr 28, 2025, TBA Not Confirmed.
What is POSCO (PKX) earnings time?
POSCO (PKX) earnings time is at Apr 28, 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 PKX EPS forecast?
PKX EPS forecast for the fiscal quarter 2025 (Q1) is 0.7.
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