Samsung is lowering analyst expectations for its Q4 2014 financials. Analysts should expect to see lower profits for that quarter, according to Samsung. A guidance report says the financial report will be better than the Q3 report, but profits and sales will be down when compared to the previous year.

The company had a 8.3 trillion won profit in Q4 2013, but for 2014, that operating profit will be around 5.2 trillion won. Samsung has had to respond to its declining profits and sales by reducing the size of its smartphone portfolio.

Samsung will release its latest quarterly financial report this month.