Will CHT's Q4 earnings beat forecasts again?
4/3/2025 03:39pm
**China Telecom (CHT) is likely to report earnings that beat forecasts for Q4 2024**, based on the following points:
1. **Steady Growth in Operating Performance**: China Telecom has shown a steady growth in operating performance, with service revenues increasing by 4.3% year-over-year. This indicates a strong operational performance that is likely to be reflected in the earnings report.
2. **Historical Strength in Q4 Performance**: Historically, Q4 has been China Telecom's strongest quarter, and with their international business leading the way, they are confident about achieving projections. This historical trend suggests that the company is well-positioned to exceed market expectations in Q4.
3. **Gross Profit Growth**: The company's gross profit reflects their ability to grow efficiently and sustainably, which is a positive indicator for earnings potential.
In conclusion, China Telecom's steady growth in operating performance, historical strength in Q4, and gross profit growth suggest that the company is likely to report earnings that beat forecasts for Q4 2024.