LG Display (NYSE:LPL) Releases Quarterly Earnings Results, Misses Estimates By $0.67 EPS

Posted by Trent Williams on Jan 23rd, 2025

LG Display (NYSE:LPL – Get Free Report) released its quarterly earnings results on Wednesday. The electronics maker reported ($0.60) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.67), Zacks reports. LG Display had a negative return on equity of 18.04% and a negative net margin of 6.15%.

LG Display Price Performance

Shares of NYSE:LPL opened at $3.29 on Thursday. The company has a 50 day moving average of $3.27 and a 200-day moving average of $3.74. The company has a quick ratio of 0.43, a current ratio of 0.65 and a debt-to-equity ratio of 1.03. LG Display has a twelve month low of $3.05 and a twelve month high of $5.66.

Analyst Ratings Changes

Several research analysts have commented on the stock. StockNews.com cut shares of LG Display from a “buy” rating to a “hold” rating in a research report on Tuesday, January 7th. JPMorgan Chase & Co. cut LG Display from an “overweight” rating to a “neutral” rating in a research report on Wednesday, October 23rd. Finally, Citigroup lowered LG Display from a “buy” rating to a “sell” rating in a research report on Thursday, October 24th.

Read Our Latest Research Report on LPL

LG Display Company Profile

(Get Free Report)

LG Display Co, Ltd., together with its subsidiaries, engages in the manufacture and sale of thin-film transistor liquid crystal display (TFT-LCD) and organic light emitting diode (OLED) technology-based display panels. Its TFT-LCD and OLED technology-based display panels are primarily used in televisions, notebook computers, desktop monitors, tablet computers, mobile devices, and automotive displays.