LG Display Co Ltd. (LPL) Releases Quarterly Earnings Results, Beats Expectations By $0.18 EPS
LG Display Co Ltd. (NYSE:LPL) issued its quarterly earnings data on Wednesday. The company reported $0.35 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.17 by $0.18, AR Network reports.
LG Display Co Ltd. (NYSE:LPL) opened at 16.94 on Wednesday. LG Display Co Ltd. has a 1-year low of $10.46 and a 1-year high of $16.99. The stock’s 50-day moving average is $16.1 and its 200-day moving average is $13.82. The company has a market cap of $12.123 billion and a price-to-earnings ratio of 24.89.
A number of research firms have recently commented on LPL. Analysts at Sanford C. Bernstein downgraded shares of LG Display Co Ltd. from a “market perform” rating to an “underperform” rating in a research note on Friday, July 18th. Analysts at Macquarie upgraded shares of LG Display Co Ltd. from a “neutral” rating to an “outperform” rating in a research note on Monday, June 9th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company. The company presently has an average rating of “Hold”.
LG Display Co, Ltd. is a Korea-based company engaged in the development, manufacture and sale of display and related accessories.
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