POSCO fourth-quarter profit falls 56.1% on-year, missing estimates [Reuters]
POSCO Holdings Inc. American Depositary Shares (Each representing 1/4th of a share of) (PKX)
US:NYSE Investor Relations:
posco.com/homepage/docs/eng5/jsp/invest/archive/s91b6010071l.jsp
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Source: Reuters
POSCO fourth-quarter profit falls 56.1% on-year, missing estimates SEOUL (Reuters) - South Korean steelmaker POSCO ( 005490.KS ) posted a 56.1% drop in operating profit in the fourth quarter, missing analysts’ forecasts, due to weaker profit margins. The world’s fifth-biggest steelmaker released its full-year 2019 numbers in a filing, without giving a breakdown of its October-December figures. Reuters calculations showed the steelmaker’s fourth-quarter consolidated profit was 558 billion won ($478.07 million)compared with 1.3 trillion won a year earlier. The average of estimates from 20 analysts came in at 731 billion won, according to Refinitiv SmartEstimate.
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News
- American Resources Corporation's ReElement Technologies and POSCO International Come Together to Develop a Sustainable Rare Earth Element and Magnet Supply Chain [Yahoo! Finance]Yahoo! Finance
- POSCO Holdings Inc. (NYSE: PKX) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Global Silicon Oxide Precursor Market Witnessing Explosive Growth at 60.6% CAGR, Forecast 2024-2030 | Valuates Reports [Yahoo! Finance]Yahoo! Finance
- Iron Castings Market to Grow by USD 50.34 Billion (2024-2028), Driven by Automotive Segment Growth, with AI Impacting Market Trends - Technavio [Yahoo! Finance]Yahoo! Finance
- POSCO Holdings Inc. (NYSE: PKX) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
PKX
Sec Filings
- 11/1/24 - Form 6-K
- 10/30/24 - Form 6-K
- 10/30/24 - Form 6-K
- PKX's page on the SEC website