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

Reuters11-06

* UL Solutions Inc 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

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