How does KT's recent earnings surprise compare to past quarters?

Chunghwa Telecom's (KT) recent earnings performance in Q4 2024 demonstrates notable improvements and contrasts with its past quarters: 1. **Earnings Per Share (EPS) Breakthrough**: The EPS in Q4 2024 reached NT$1.16, marking a significant milestone as it is the highest fourth-quarter EPS in nine years. This surpasses the EPS of NT$1.06 reported in Q4 2023. 2. **Revenue Growth**: Total revenue for Q4 2024 increased by 5.6% year-over-year, amounting to NT$65.35 billion. This growth is a positive indicator of the company's performance and suggests a robust business expansion. 3. **Operating Performance**: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) saw a 5.9% increase, reaching NT$21.59 billion. This reflects improved operational efficiency and profitability. 4. **Comparative Analysis**: When compared to the previous quarter (Q3 2024), there is no available data on a direct comparison of earnings surprise. However, the overall trend shows a positive trajectory in earnings and revenue growth from Q3 to Q4 2024. 5. **Market Reaction and Outlook**: Despite the positive earnings results, the company's ADR experienced a decline of 1.46% to $37.81 after the earnings release. This suggests that while the earnings are strong, market reactions can vary. The company remains optimistic about future growth, with a focus on revenue growth in FY25. In conclusion, KT's Q4 2024 earnings demonstrate a substantial improvement in EPS and a notable increase in revenue compared to the previous quarter, indicating a strong financial performance and a positive outlook for the company.