Samsung Electronics Forecasts a 37 Percent Drop in 4Q Profit

January 8, 2015 12:35 AM

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Samsung Electronics Co. estimated Thursday that its fourth-quarter operating income dropped 37 percent.

In its earnings preview, Samsung put its October-December operating profit at 5.2 trillion won ($4.7 billion), which was still higher than analysts' consensus of 4.9 trillion won according to FactSet, a financial data provider.

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