SKM Earnings

SKM reported its FY2024Q2 earnings on 2024-08-06, showcasing a revenue of 3.19T against an estimate of 3.17T, resulting in a 0.74% surprise. The EPS was 0.63, surpassing the expected 0 by 0%. The stock experienced a -0.09% price change on the earnings day and a 4.76% change over the next five days, reflecting market reactions to the results.

Following SKM's FY2024Q2 earnings announcement on 2024-08-06, the stock price moved by -0.09% on the day of the release. Over the subsequent five days, it saw a 4.76% change. Historically, SKM's stock price tends to shift by an average of -1.07% in the 10 days leading up to earnings and 4.8% in the 10 days following, providing insight into potential market.

For 2026/Q1, analysts estimate SKM's annual revenue to reach 3.09T, while the EPS is projected at undefined. These estimates reflect recent revisions, with revenue estimates unchanged by 0% and EPS estimates unchanged by 0% over the past three months, indicating analyst expectation in the company's performance.

The correlation between SKM's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2025 were unchanged by 0%, while EPS estimates moved unchanged by 0%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, SKM's stock price typically moves by -1.07% in the 10 days before its earnings and 4.8% in the 10 days after. For the upcoming 2026/Q1 earnings, analysts expect an EPS of undefined and revenue of 3.09T.

The earnings call highlights a slight revenue increase and operational income exceeding expectations, driven by subscriber growth and AI data center expansion. The resumption of dividends and commitment to restoring previous levels are positive signals. However, cybersecurity risks and AI business restructuring pose challenges. The Q&A suggests optimism about post-incident recovery and AI business potential, though lack of specific profitability metrics introduces some uncertainty. Overall, the positive financial performance and strategic initiatives outweigh the risks, suggesting a positive stock price movement in the near term.