LG Electronics Q2 Earnings to Release on July 7 as Stock Plunges 52.69% in One Month

According to F&Guide consensus estimates, LG Electronics' Q2 provisional earnings to be released on July 7 are expected to show revenue growth of 9.9% year-over-year to 22.79 trillion Korean won, while operating profit is forecast to surge 122.5% to 1.42 trillion won. The estimates come as LG's stock has dropped 52.69% since reaching a 52-week high of 392,500 Korean won on June 2, closing at 185,700 Korean won on July 6.

Analysts cite U.S. tariff refunds as a key earnings driver, with conservative estimates of approximately 300 billion Korean won in refund benefits, equivalent to about one-fifth of the Q2 operating profit consensus. Additionally, structural improvements including efficient logistics cost management at the Home Solution division and six consecutive quarters of profitability at the Vehicle Component division are expected to support results.