POSCO (NYSE:PKX) Posts Earnings Results, Beats Expectations By $0.45 EPS

Posted by on Jul 31st, 2026

POSCO (NYSE:PKX – Get Free Report) issued its quarterly earnings data on Thursday. The basic materials company reported $1.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.45, Zacks reports. The business had revenue of $12.43 billion for the quarter, compared to analysts’ expectations of $12.05 billion. POSCO had a return on equity of 1.34% and a net margin of 1.19%.

Here are the key takeaways from POSCO’s conference call:

  • Second-quarter earnings improved: Consolidated revenue rose to KRW 19.3 trillion and operating profit increased 16% quarter over quarter to KRW 819 billion, with gains across steel, rechargeable battery materials and energy.
  • POSCO Argentina’s lithium operation achieved its first-ever quarterly operating profit, while the broader rechargeable battery materials segment returned to surplus after eight consecutive quarters of losses. Management expects a stronger fourth quarter as Plant 1 returns to full operation, certified-product sales begin and Plant 2 ramps up.
  • Steel profitability is expected to improve in the third quarter through higher production, sales volumes, pricing and fixed-cost absorption, although raw-material, energy, foreign-exchange and trade-policy volatility remain significant risks. POSCO is gradually pursuing price increases across automotive, shipbuilding and electronics markets.
  • Restructuring generated KRW 475.4 billion of additional cash in the first half, aided by divestments of loss-making Chinese steel assets; management targets KRW 3.5 trillion in cumulative free cash flow by 2028. POSCO International also posted record quarterly and half-year operating profit.
  • Lithium performance remains uneven, with the Pilbara hard-rock operation pressured by unfavorable spodumene-to-lithium-hydroxide price spreads and Argentina facing a temporary third-quarter production slowdown for equipment repairs. The group also reported another fatality at POSCO E&C and continues to face European quotas, anti-dumping investigations and tariffs affecting steel exports.

POSCO Price Performance

POSCO stock traded down $1.37 during midday trading on Friday, hitting $53.12. 399,921 shares of the company’s stock were exchanged, compared to its average volume of 289,060. The company has a market cap of $16.07 billion, a P/E ratio of 31.43 and a beta of 1.57. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.30 and a current ratio of 1.90. The stock has a 50-day moving average price of $58.00 and a two-hundred day moving average price of $62.82. POSCO has a 52-week low of $44.99 and a 52-week high of $92.40.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Zacks Research raised POSCO from a “strong sell” rating to a “hold” rating in a report on Monday, June 8th. Wall Street Zen downgraded shares of POSCO from a “buy” rating to a “hold” rating in a report on Saturday, June 20th. Weiss Ratings lowered shares of POSCO from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, June 23rd. Finally, UBS Group raised shares of POSCO from a “neutral” rating to a “buy” rating in a report on Monday, April 27th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold”.

View Our Latest Analysis on POSCO

Institutional Trading of POSCO

Large investors have recently modified their holdings of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in POSCO in the fourth quarter valued at approximately $25,000. Allworth Financial LP grew its stake in POSCO by 51.6% in the 3rd quarter. Allworth Financial LP now owns 682 shares of the basic materials company’s stock worth $34,000 after buying an additional 232 shares in the last quarter. Headlands Technologies LLC grew its stake in POSCO by 1,276.9% in the 2nd quarter. Headlands Technologies LLC now owns 1,432 shares of the basic materials company’s stock worth $69,000 after buying an additional 1,328 shares in the last quarter. Inspire Investing LLC bought a new position in shares of POSCO in the 4th quarter worth $85,000. Finally, Raymond James Financial Inc. bought a new position in shares of POSCO in the 2nd quarter worth $95,000.

POSCO Company Profile

(Get Free Report)

POSCO (NYSE: PKX) is a South Korea–based integrated steel producer founded in 1968 as Pohang Iron and Steel Company. Headquartered in Pohang, the company grew rapidly as part of South Korea’s industrialization program and developed large, integrated steelworks—most notably in Pohang and Gwangyang—that helped establish POSCO among the world’s largest steelmakers. It is structured as a diversified industrial group with steelmaking at its core and a range of downstream and trading businesses.

The company’s primary activities include ironmaking and steelmaking, producing a wide array of steel products such as hot-rolled and cold-rolled sheets, coated steels, plates, stainless and special steels, long products (bars and wire rods), and seamless pipes.

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Earnings History for POSCO (NYSE:PKX)

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