LG Electronics says second-quarter profit likely up 16.1 percent, misses analyst estimates

LG Electronics says second-quarter profit likely up 16.1 percent, misses analyst estimates

6 years ago
Anonymous $cyhBy-qkd5

https://www.reuters.com/article/us-lg-elec-results/lg-electronics-says-second-quarter-profit-likely-up-16-1-percent-misses-analyst-estimates-idUSKBN1JW0PH

South Korea's LG Electronics Inc on Friday said operating profit likely rose 16.1 percent in April-June, albeit weighed down by higher marketing expenses for new products in its TV, smartphone and appliance divisions, analysts said.

LG Electronics says second-quarter profit likely up 16.1 percent, misses analyst estimates

Jul 6, 2018, 8:14am UTC
https://www.reuters.com/article/us-lg-elec-results/lg-electronics-says-second-quarter-profit-likely-up-16-1-percent-misses-analyst-estimates-idUSKBN1JW0PH >South Korea's LG Electronics Inc on Friday said operating profit likely rose 16.1 percent in April-June, albeit weighed down by higher marketing expenses for new products in its TV, smartphone and appliance divisions, analysts said.