The South Korean internet-platform company is scheduled to report results on Thursday. A FactSet consensus of 18 analysts puts revenue for July-September at 3.513 trillion won and operating profit at 498.02 billion won.

Investors will be looking for signs of how Naver’s advertising and commerce businesses performed. Revenue growth may have been seasonally weaker because of the Chuseok holiday in September. Analysts also expect higher capital expenditure and operating costs associated with AI investment to continue weighing on earnings.

Naver shares have fallen more than 20% this year, while South Korea’s benchmark Kospi has gained about 25%. Another focus is a planned stock-swap acquisition by fintech affiliate Naver Financial of Dunamu, the operator of a cryptocurrency exchange. The deal is due next month and is under regulatory review for potential violations of local competition rules.