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MarketScreener Homepage  >  Equities  >  Korea Stock Exchange  >  POSCO    A005490   KR7005490008

POSCO

(A005490)
  Report
End-of-day quote. End-of-day quote Korea Stock Exchange - 11/26
242500 KRW   -1.02%
11/27POSCO : Participates in a Regional Regeneration Project
PU
11/26POSCO : Improves Employee Competencies with “New Collar” Program
PU
11/20POSCO : #2 POSCO's Solution for the LNG Industry! (ep.1)
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SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Posco : 3Q Profit Beat Market Views -- Earnings Review

10/22/2020 | 10:51pm EST

By Kwanwoo Jun

Posco reported its third-quarter results on Friday. Here's what you need to know:

NET PROFIT: The South Korean steelmaker posted third-quarter net profit of 514.00 billion won ($452.8 million), up 3.5% from the same period a year earlier.

REVENUE: Third-quarter revenue fell 11% to KRW14.261 trillion, while operating profit dropped 36% to KRW666.70 billion.

WHAT WE WATCHED:

--ABOVE CONSENSUS: The net profit was above a FactSet-compiled consensus forecast for KRW289.28 billion.

--AUTO RECOVERY: The stronger-than-expected earnings was driven by strong sales of high-margin steel products backed by a recovery in demand from the auto industry.

--PRICES: Increasing sales prices and lower raw-material costs also helped improve earnings in the company' steel business, which swung to an operating profit in the quarter.

Write to Kwanwoo Jun at kwanwoo.jun@wsj.com

(END) Dow Jones Newswires

10-22-20 2250ET

All news about POSCO
11/27POSCO : Participates in a Regional Regeneration Project
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11/26POSCO : Improves Employee Competencies with “New Collar” Program
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11/20POSCO : #2 POSCO's Solution for the LNG Industry! (ep.1)
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11/19POSCO : #2 POSCO's Solution for the LNG Industry! (ep.2)
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11/19POSCO : Meet the Special Volunteer Masters of POSCO
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11/18POSCO : Sets to Reduce Fine Dust With Eco-Friendly Air-Purifying Facility
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11/16Tokyo Steel to raise product prices for December by up to 3.3%
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11/13Top emerging-market companies' dollar debt maturities in coming year
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11/13POSCO : and Tata Steel Join Forces to Develop Hyperloop Tubes
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11/10POSCO : Introducing worldsteel-acknowledged POSCO ‘Safety Golden Bell Chal..
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More news
Financials
Sales 2020 57 702 B 52,2 B 52,2 B
Net income 2020 1 342 B 1,21 B 1,21 B
Net Debt 2020 8 912 B 8,07 B 8,07 B
P/E ratio 2020 15,1x
Yield 2020 3,25%
Capitalization 18 787 B 17 011 M 17 002 M
EV / Sales 2020 326x
EV / Sales 2021 309x
Nbr of Employees -
Free-Float 89,8%
Chart POSCO
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POSCO Technical Analysis Chart | MarketScreener
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Technical analysis trends POSCO
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 27
Average target price 279 814,81 KRW
Last Close Price 239 500,00 KRW
Spread / Highest target 29,4%
Spread / Average Target 16,8%
Spread / Lowest Target 4,38%
EPS Revisions
Managers
NameTitle
Jeong-Woo Choi Co-Chief Executive Officer & Director
In-Hwa Chang Co-President, Co-CEO & Director
Seung-Kyu Lim Senior Managing Director & Head-Finance
Hag-Dong Kim Director & Senior Executive Vice President
Tak Jeong Director, Senior EVP & Head-Marketing
Sector and Competitors
1st jan.Capitalization (M$)
POSCO2.54%17 011
STEEL DYNAMICS, INC.10.61%7 920
GERDAU S.A.14.85%6 812
VOESTALPINE AG8.17%5 748
UNITED STATES STEEL CORPORATION26.03%3 207
MAANSHAN IRON & STEEL COMPANY LIMITED-26.90%3 122