LG Innotek's 1Q Earnings Expected to Beat Street Views -- Market Talk

Dow Jones

Mar 06, 2025

0418 GMT - LG Innotek's 1Q earnings are expected to beat street views, due to higher average selling prices for iPhone cameras, Daishin Securities analyst Kangho Park writes in a note. The South Korea-based Apple supplier is projected to deliver operating profit at KRW131.80 billion, well above Daishin's earlier estimate of KRW86.00 billion and the market consensus forecast of KRW94.50 billion, Park says. The company supplies Apple exclusively with cameras for iPhone 16E products, launched in February, after making cameras for many iPhone 16 Pro and Pro Max products in 2024, he notes. Daishin raises the stock's target price by 4.0% to KRW260,000 and maintains a buy rating. Shares are 9.7% higher at KRW177,700. (kwanwoo.jun@wsj.com)

(END) Dow Jones Newswires

March 05, 2025 23:18 ET (04:18 GMT)

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The South Korea-based Apple supplier is projected to deliver operating profit at KRW131.80 billion, well above Daishin's earlier estimate of KRW86.00 billion and the market consensus forecast of KRW94.50 billion, Park says. The company supplies Apple exclusively with cameras for iPhone 16E products, launched in February, after making cameras for many iPhone 16 Pro and Pro Max products in 2024, he notes. Daishin raises the stock's target price by 4.0% to KRW260,000 and maintains a buy rating. Shares are 9.7% higher at KRW177,700. (kwanwoo.jun@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 05, 2025 23:18 ET (04:18 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>LG Innotek's 1Q Earnings Expected to Beat Street Views -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLG Innotek's 1Q Earnings Expected to Beat Street Views -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-06 12:18</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0418 GMT - LG Innotek's 1Q earnings are expected to beat street views, due to higher average selling prices for iPhone cameras, Daishin Securities analyst Kangho Park writes in a note. The South Korea-based Apple supplier is projected to deliver operating profit at KRW131.80 billion, well above Daishin's earlier estimate of KRW86.00 billion and the market consensus forecast of KRW94.50 billion, Park says. The company supplies Apple exclusively with cameras for iPhone 16E products, launched in February, after making cameras for many iPhone 16 Pro and Pro Max products in 2024, he notes. Daishin raises the stock's target price by 4.0% to KRW260,000 and maintains a buy rating. Shares are 9.7% higher at KRW177,700. (kwanwoo.jun@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 05, 2025 23:18 ET (04:18 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"M14.SI","symbol_name":"英诺特","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2517901709","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2517901709","pubTimestamp":1741234680,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0418 GMT - LG Innotek's 1Q earnings are expected to beat street views, due to higher average selling prices for iPhone cameras, Daishin Securities analyst Kangho Park writes in a note. The South Korea-based Apple supplier is projected to deliver operating profit at KRW131.80 billion, well above Daishin's earlier estimate of KRW86.00 billion and the market consensus forecast of KRW94.50 billion, Park says. The company supplies Apple exclusively with cameras for iPhone 16E products, launched in February, after making cameras for many iPhone 16 Pro and Pro Max products in 2024, he notes. Daishin raises the stock's target price by 4.0% to KRW260,000 and maintains a buy rating. Shares are 9.7% higher at KRW177,700. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"M14.SI":"英诺特"},"translate_title":"LG Innotek第一季度盈利预计将超过街景——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"M14.SI":1},"content_text":"0418 GMT - LG Innotek's 1Q earnings are expected to beat street views, due to higher average selling prices for iPhone cameras, Daishin Securities analyst Kangho Park writes in a note. The South Korea-based Apple supplier is projected to deliver operating profit at KRW131.80 billion, well above Daishin's earlier estimate of KRW86.00 billion and the market consensus forecast of KRW94.50 billion, Park says. The company supplies Apple exclusively with cameras for iPhone 16E products, launched in February, after making cameras for many iPhone 16 Pro and Pro Max products in 2024, he notes. Daishin raises the stock's target price by 4.0% to KRW260,000 and maintains a buy rating. Shares are 9.7% higher at KRW177,700. (kwanwoo.jun@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 05, 2025 23:18 ET (04:18 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}