SK Telecom (SKM) to Release Quarterly Earnings on Wednesday

SK Telecom (NYSE:SKM) is expected to announce its Q1 2025 earnings results before the market opens on Wednesday, May 14th. Analysts expect the company to announce earnings of $0.61 per share and revenue of $3.12 billion for the quarter.

SK Telecom (NYSE:SKM) last issued its earnings results on Wednesday, February 12th. The Wireless communications provider reported $0.63 earnings per share (EPS) for the quarter. SK Telecom had a return on equity of 10.39% and a net margin of 7.26%.

SK Telecom Price Performance

Shares of NYSE SKM traded down $0.42 during mid-day trading on Monday, reaching $20.38. The company had a trading volume of 42,031 shares, compared to its average volume of 278,698. The company has a current ratio of 0.91, a quick ratio of 0.88 and a debt-to-equity ratio of 0.48. The stock has a market cap of $8.03 billion, a PE ratio of 8.31, a P/E/G ratio of 1.27 and a beta of 0.63. The company has a 50-day moving average price of $21.59 and a two-hundred day moving average price of $21.89. SK Telecom has a 1-year low of $20.28 and a 1-year high of $24.58.

Wall Street Analysts Forecast Growth

SKM has been the topic of a number of research analyst reports. The Goldman Sachs Group downgraded SK Telecom from a “buy” rating to a “neutral” rating in a report on Monday, March 3rd. Citigroup downgraded SK Telecom from a “buy” rating to a “neutral” rating in a report on Tuesday, May 6th. UBS Group initiated coverage on SK Telecom in a report on Wednesday, February 19th. They set a “buy” rating on the stock. Finally, StockNews.com downgraded SK Telecom from a “strong-buy” rating to a “buy” rating in a report on Thursday.

SK Telecom Company Profile

SK Telecom Co, Ltd. provides wireless telecommunication services in South Korea. The company operates through three segments: Cellular Services, Fixed-Line Telecommunications Services, and Other Businesses. The Cellular Services segment offers wireless voice and data transmission, Internet of Things solutions, platform, cloud, smart factory solutions, subscription, advertising and curated shopping under T Deal brand name, and metaverse platform-based services, as well as sells wireless devices.