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Monday, July 6, 2015

Analysts expect Samsung to report solid profit growth for 2015

Analysts expect Samsung to report solid profit growth for 2015:

Even though the Samsung Galaxy S6 and Samsung Galaxy S6 edge will become the best-selling smartphones in the history of Samsung Mobile, it doesn't seem to be enough to start a buying frenzy in the company's stock. Samsung's shares are down 6% for the year, and tomorrow the company is expected to guide analysts in the right direction for its second quarter earnings report, which will be released at the end of this month.



Based on a survey of 39 analysts, Samsung is expected to report operating profit of $6.4 billion USD for the second fiscal quarter. That is basically the same operating income ...


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