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Samsung's Q2 earnings report did not exceed expectations, and even slightly underperformed.
Q2 profit was 89.4 trillion won, seemingly high year-over-year, but by the end of June, among major Korean brokerages, KB lowered its forecast to 90, Kiwoom lowered to 89, while Hana and Daishin maintained 91 and 92.
Alas, we'll have to wait for their conference call on July 30.