The stock climbed as much as 2.24% on Friday morning, trading at a high of 86,500 Korean won ($62.73), according to LSEG data.
The expected operating profit beat a LSEG estimate of 8.51 trillion won.
The firm also said it expects revenue for the second quarter to be between 73 trillion to 75 trillion won, from 60.01 trillion won a year ago.
This is in line with the 73.7 trillion won estimated by LSEG analysts.
The South Korean electronics giant saw record losses in 2023 as the industry reeled from a post-Covid slump in demand for memory chips and electronics.
Persons:
Joan Cros
Organizations:
Samsung, Mobile, Getty, Samsung Electronics, South, LSEG, Business
Locations:
Barcelona, Spain, Korean