Posco Holdings' Net Profit Likely Fell on Year -- Earnings Preview

Dow Jones
10/24
 

By Kwanwoo Jun

 

Posco Holdings is scheduled to report its third-quarter results on Monday. Here is what you need to know:

 

NET PROFIT: The South Korean steelmaker is forecast to post net profit of 333.38 billion won, equivalent to $232.0 million, for the July-September period, according to the consensus forecast of 12 analysts in a FactSet poll. That would be more than double the previous quarter's figure but 26% lower than a year earlier.

REVENUE: The consensus estimate for revenue is 17.748 trillion won, with operating profit expected at 629.49 billion won.

The stock was recently about 4.5% higher, bringing its year-to-date gains to about 27%. By comparison, the benchmark Kospi has advanced 64% this year.

 

WHAT TO WATCH:

--STEEL: Investors will watch whether Posco's earnings improved from the previous quarter while declining from a year earlier. Analysts say the steelmaker likely gained from Seoul's recent antidumping duties on steel imports from China and lower iron-ore prices. However, they still see it struggling with sluggish demand and tougher tariffs on steel in the U.S. and Europe.

--BATTERY: Posco's battery-material supplier and subsidiary, Posco Future M, will also be under watch. The company's quarterly results will be released hours before its parent's earnings report.

--RESTRUCTURING: Posco has been selling unprofitable and noncore business assets to secure funds aimed at improving its financial structure and corporate valuation. Its progress toward the goal of raising 1 trillion won in the second half of the year will be of interest, after the 350 billion won raised in the first half.

 

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

 

(END) Dow Jones Newswires

October 24, 2025 01:39 ET (05:39 GMT)

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