Samsung Electronics is likely to publish preliminary Q3 2016 earnings in early October, and investors will be closely watching the numbers to size up the impact of the Galaxy Note 7 battery fire issue on the company’s financials. As of Q2, Samsung had posted four straight quarters of operating profit gains (revenues and operating profits were up 5% and 18% year-over-year, respectively, during Q2 ), amid soaring sales of its high-margin flagship smartphones, but we expect to see a decline for Q3 on account of the Note 7 recall.

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