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Unilever plc (UL)
NYSE:UL
Holding UL?
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Earnings Data
Report Date
Feb 13, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
3.77Last Year’s EPS
0.64Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 31, 2019
|% Change Since: -0.40%
|Next Earnings Date:Jul 19, 2018
Earnings Call Sentiment|Positive
The earnings call reflects a positive trajectory for Unilever, with strong sales growth, margin expansion, and increased brand investment indicating strategic progress. However, challenges persist in the Ice Cream segment, particularly in China and Europe, and in the U.S. Beauty market, requiring ongoing operational improvements.Company Guidance
During Unilever's Q2 2024 earnings call, several key metrics were highlighted. The company reported a 4.1% growth in underlying sales, with volume growth accelerating to 2.6%. Gross margin expanded significantly by 420 basis points to 45.7%, contributing to a 17.1% increase in underlying operating profit, which reached EUR 6.1 million. The underlying operating margin rose by 250 basis points to 19.6%. Additionally, Unilever increased its brand and marketing investment by nearly EUR 700 million, with a focus on their Power Brands, which saw underlying sales growth of 5.7% and volume growth of 4%. The company also made progress in their sustainability initiatives, including a target to reach 335,000 hectares of regenerative agriculture. Despite these achievements, challenges remain in their Ice Cream sector, particularly in China and Europe, due to competitive pressures and market conditions. Looking forward, Unilever aims for a 3% to 5% underlying sales growth for 2024, driven mainly by volume, and expects an underlying operating margin of at least 18% for the full year.Strong Underlying Sales Growth
Unilever reported underlying sales growth of 4.1% for the first half of 2024, with a strong contribution from volume growth, which accelerated to 2.9% in Q2.
Margin Expansion
Gross margin expanded by 420 basis points to 45.7%, and underlying operating margin improved by 250 basis points to 19.6%, driven by cost productivity and lower material costs.
Increased Brand Investment
Brand and marketing investment increased by nearly EUR 700 million, focusing on innovation and Power Brands, with 85% of the investment directed towards these brands.
Sustainability Progress
Progress in sustainability, including Scope 3 emissions targets validated by SBTi, and a new public-private collaboration, the CIRCLE Alliance, to reduce plastics and waste.
Dividend Increase
Unilever's Board decided to increase the quarterly interim dividend by 3%, marking the first increase since Q4 2020.
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UL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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UL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jul 25, 2024 | $55.66 | $58.16 | +4.49% |
| Feb 08, 2024 | $47.32 | $49.04 | +3.63% |
| Jul 25, 2023 | $48.93 | $51.22 | +4.68% |
| Feb 09, 2023 | $46.36 | $46.54 | +0.39% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Unilever plc (UL) report earnings?
Unilever plc (UL) is schdueled to report earning on Feb 13, 2025, TBA Not Confirmed.
What is Unilever plc (UL) earnings time?
Unilever plc (UL) earnings time is at Feb 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is UL EPS forecast?
UL EPS forecast for the fiscal quarter 2024 (Q4) is 3.77.
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