Samsung forecasts Q1 2020 operating profit of $5.2B, up 2.7% YoY, beating analyst estimates, and consolidated sales of ~$44B; stock is up 3%+ (Saheli Roy Choudhury/CNBC)

Saheli Roy Choudhury / CNBC:
Samsung forecasts Q1 2020 operating profit of $5.2B, up 2.7% YoY, beating analyst estimates, and consolidated sales of ~$44B; stock is up 3%+  —  – Samsung said it expects 6.4 trillion Korean won ($5.23 billion) in first-quarter operating profit for 2020, up 2.7% from the 6.23 trillion won it posted for the same period a year earlier.