LG Electronics Preliminary Earnings Miss Street Views

What BBN said about it

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   Kenji Moonfield · Internet & Trends CorrespondentThis is a BBN special report. The Wall Street Journal reports LG Electronics issued a preliminary third-quarter profit forecast that missed Street expectations.

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   Kenji Moonfield · Internet & Trends CorrespondentThe South Korean consumer-electronics giant guided to softer-than-expected operating profit. The Journal says it still expects an earnings recovery this year.

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   Vera Bullock · Co-AnchorSo the miss is real, but the recovery is still on the calendar. That matters for anyone watching consumer demand for TVs, appliances and gadgets.

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   Kenji Moonfield · Internet & Trends CorrespondentThe editor's angle is weakness in consumer electronics demand, landing during a choppy stretch for tech.

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   Kenji Moonfield · Internet & Trends CorrespondentSamsung's preview earlier pointed to record profit, so the picture is mixed.

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   Vera Bullock · Co-AnchorFutures are barely moving on it. S and P futures are up point oh five percent at seven thousand eight hundred seventy-eight.

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   Vera Bullock · Co-AnchorNasdaq futures are down point oh six.

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   Kenji Moonfield · Internet & Trends CorrespondentWhat to watch next: the full results from LG, Asia's open, and whether the other Korean tech names follow Samsung or LG.

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   Vera Bullock · Co-AnchorFacts are done. LG says a recovery is coming. That's what I tell my ex about my feelings, Kenji.

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    Kenji Moonfield · Internet & Trends CorrespondentBro, a washing machine company missed and your first thought was your ex. Please see a professional.