Profits for the July to September period are forecast to be 5.6% higher at 7.8 trillion won ($7bn; £5.7bn).
Analysts had expected worse numbers after the Note 7 recall over faulty batteries and "exploding" phones.
The earnings guidance does not give any details about the performance of individual businesses.
The flagship Galaxy Note 7 was recalled in 10 markets around the world, including the US, Europe and South Korea.
Some estimates had suggested the recall would reduce Samsung's profits by 1tn won or more.
However, a strong performance by its chip and display business is expected to have offset some of those losses.
The earnings guidance did not comment on calls by investors to radically restructure the firm into two separate holding and operating companies.
On Thursday, Samsung had said it was "carefully reviewing" the suggestion.

Non-league Salford City, part-owned by five former Manchester United players, have already caused a huge upset by beating League Two Notts County 2-0.
Following six rounds of qualifying, 32 non-league clubs remain and they are two victories away from a potential meeting with a Premier League club.
You can follow all the action on BBC television, radio and online.
BBC coverage highlights over the weekend include:
The lowest-ranked team left in the competition are Didcot Town, who play in Southern Division One South & West - the eighth tier of English football. They host League Two side Exeter City, who lost at this stage last season to an eighth-tier team, Warrington.
Bradford City, who have enjoyed remarkable cup success in recent years and beat Chelsea on their way to reaching the quarter-finals last season, travel to National League side Aldershot Town.
Wigan, who won the cup in 2013, visit fellow League One side Bury, while 2008 winners Portsmouth host Macclesfield Town.
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National League North side Worcester City will be hoping for a repeat of last season's heroics when they face League One outfit Sheffield United. At this stage of last year's competition, Worcester produced one of the season's biggest upsets as they won 2-1 at League One side Coventry City.
There are six all non-league ties, meaning there will be at least six teams from outside the Football League in the second-round draw.
The draw for the second round takes place on Monday, 9 November, with live coverage on BBC Two and the BBC Sport website from 19:00 GMT.
The show will come live from London-based Civil Service FC, who played in the first staging of the FA Cup in 1871.
Mark Chapman will be joined by former FA Cup winner Garth Crooks, who will help conduct the draw.
(15:00 GMT unless stated)
Saturday, 7 November
AFC Wimbledon v Forest Green Rovers
Altrincham v Barnsley
Accrington Stanley v York City
Barnet v Blackpool
Barwell v Welling
Burton Albion v Peterborough United
Bury v Wigan Athletic
Cambridge United v Basingstoke Town
Coventry City v Northampton Town
Crawley Town v Luton Town
Crewe Alexandra v Eastleigh
Dagenham & Redbridge v Morecambe
Doncaster Rovers v Stalybridge
Dover Athletic v Stourbridge
Grimsby Town v St Albans City
Hartlepool Unitedv Cheltenham Town
Leyton Orient v Staines Town
Mansfield Town v Oldham Athletic
Millwall v AFC Fylde
Northwich Victoria v Boreham Wood
Plymouth Argyle v Carlisle United
Portsmouth v Macclesfield Town
Rochdale AFC v Swindon Town
Scunthorpe United v Southend United
Sheffield United v Worcester City
Stevenage v Gillingham
Walsall v Fleetwood Town
Wealdstone v Colchester United
Sunday, 8 November
Didcot Town v Exeter City (12:00 GMT)
Aldershot Town v Bradford City (14:00 GMT)
Brackley Town v Newport County AFC (14:00 GMT)
Braintree Town v Oxford United (14:00 GMT)
Bristol Rovers v Chesham United (14:00 GMT)
Gainsborough Trinity v Shrewsbury Town (14:00 GMT)
FC Halifax v Wycombe Wanderers (14:00 GMT)
Maidstone United v Yeovil Town (14:00 GMT)
Whitehawk v Lincoln City (14:00 GMT)
Port Vale v Maidenhead United
Monday, 9 November
FC United of Manchester v Chesterfield (19:45 GMT)
Samsung Electronics says its operating profits are expected to have risen in the third quarter, despite the recall of its Galaxy Note 7 smartphone.
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The 2015-16 FA Cup proper is already under way, with more action to be broadcast across the BBC this weekend.