0753 GMT - Hyundai Motor's 3Q earnings could come in below expectations, DB Financial Investment's Nam Ju-shin says. Prolonged labor unrest and production disruptions at the South Korean car maker likely weighed on its global sales in the July-September period, the analyst writes in a note. Lower plant-utilization rates, higher fixed costs and increased raw-material costs also likely pressured the company's profit margins, Nam says. He expects Hyundai Motor's operating profit to have fallen 6.4% from a year earlier to 2.376 trillion won in 3Q, below a market consensus estimate of 2.819 trillion won. The brokerage cuts its 2026 and 2027 earnings forecasts for the company by 8% and 14%, respectively, on sluggish vehicle sales and the won's appreciation.
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