Kakao Posts First-Quarter Operating Profit Above Estimates as Sales Miss
businesscompany-earnings 1 posts · 1 accounts
Kakao reported first-quarter operating profit of 211.4 billion won, beating the 176.92 billion won analyst consensus. Net income was 171.7 billion won, also above the 146.69 billion won estimate, while sales came in at 1.94 trillion won, below expectations of 2.02 trillion won.
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@yoolimleenewsKakao reported 1Q operating profit that beat the average analyst estimate. * Operating profit 211.40 billion won, estimate 176.92 billion won (Bloomberg Consensus) * Sales 1.94 trillion won, estimate 2.02 trillion won * Net 171.70 billion