Samsung Electronics shares open up 2.5 percent after fourth-quarter guidance
SEOUL (Reuters) - Samsung Electronics shares opened 2.5 percent higher on Thursday, after the company estimated its fourth-quarter operating profit at 5.2 trillion won (3 billion pounds), beating analyst forecasts.
The earnings guidance, released on Thursday morning before the markets opened, was higher than a 5 trillion won mean estimate of 44 analysts polled by Thomson Reuters I/B/E/S.
Samsung is expected to release its final earnings figure for the October-December period near the end of January.
(Reporting by Joonhee Yu; Editing by Richard Pullin)