UL Solutions Inc reports results for the quarter ended in September 30 - Earnings Summary

UL Solutions

06/11/2024 05:10

* UL Solutions Inc  ULS.N  reported quarterly adjusted
earnings of
44 cents​​ per share for the quarter ended September 30.  The
mean expectation of nine analysts for the quarter was
for earnings of 39 cents per share. Wall Street expected
results to range from 35 cents to 45 cents per share.
    * Revenue was $731.00 million​; analysts expected $708.70
million. 
    * UL Solutions Inc's reported EPS for the quarter was 44
cents​.
    * The company reported quarterly net income of $88 million.
    * UL Solutions Inc shares had risen by 4.5% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.5%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "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 $57.00 
This summary was machine generated from LSEG data November 6 at
05:10 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.39           0.44           Beat
 Jun. 30 2024      0.39           0.50           Beat
 Mar. 31 2024      0.28           0.28           Met