UL Solutions Inc expected to post earnings of 39 cents a share - Earnings Preview

UL Solutions

29/07/2024 20:59

* UL Solutions Inc  ULS.N   ULS  is expected to report
resultson
July 31 for the period ending June 30 2024
    * The Northbrook Illinois-based  company is expected to
report
revenue of $718.727 million, according to the mean estimate from
10 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for UL Solutions Inc is for
earnings of 39 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The average consensus recommendation for the business
support
services peer group is also "Buy".​
    * Wall Street's median 12-month price target for UL
Solutions Inc
is $43.00​, below​ its last closing price of $45.61. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.28        0.28       0.28      Met     0
  2024                                                  
                                                        ​
 ​​                                                     
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 This summary was machine generated July 29 at 19:58 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)