KT Corporation's Q1 2026 earnings missed expectations, with EPS of $0.4948 versus $0.5325 forecast and revenue of $4.55 billion below $4.64 billion estimate. Shares fell 3.43% in after-hours trading to $19.71.
The company cited increased operating costs and completion of large-scale projects as key factors. Despite challenges, broadband and media segments showed growth.
CFO Min Hye-byung stated: 'We are pivoting to become an AX platform company, with AI innovation as a key growth driver.' The company plans to regain customer trust through AI-powered services.
Analysts questioned the new CEO's strategy. Executives emphasized a focus on strong fundamentals and solid growth through AI-driven offerings.
KT guided Q2 2026 EPS of $1.08 and Q3 2026 EPS of $1.15. The dividend yield stands at 3.38%, with 12 consecutive years of payouts.
