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
Company Research
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
- POSCO Holdings Inc. (NYSE: PKX) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- POSCO International announces 'Corporate and Shareholder Value-up Plan' to double shareholder return ratio to 50% [Yahoo! Finance]Yahoo! Finance
- POSCO International announces 'Corporate and Shareholder Value-up Plan' to double shareholder return ratio to 50%PR Newswire
- South Korea Construction Industry Report 2024-2028: Technological and Public Sector Contributions, Strategic Vendor Analysis, Market Dynamics and Opportunities [Yahoo! Finance]Yahoo! Finance
- Iron Castings Market: 68% Growth to Originate from APAC, with AI Driving Market Transformation - Technavio [Yahoo! Finance]Yahoo! Finance
PKX
Sec Filings
- 12/23/24 - Form 6-K
- 12/12/24 - Form 6-K
- 12/11/24 - Form 6-K
- PKX's page on the SEC website