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UL Solutions Inc. Class A (ULS)
:ULS
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Earnings Data
Report Date
May 26, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
0.28Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jul 31, 2024
|% Change Since: 0.17%
|Next Earnings Date:May 20, 2024
Earnings Call Sentiment|Positive
The earnings call reflected a strong overall performance with significant revenue growth, improved margins, and strategic investments. Despite underperformance in the Software & Advisory segment and increased SG&A expenses, the positive developments in key business areas and strong financial metrics suggest a positive outlook.Company Guidance
During the UL Solutions Q3 2024 earnings call, the company provided positive guidance, highlighting several key metrics. Revenue for the quarter reached $731 million, reflecting an 8.1% overall growth with organic growth of 9.3%. The Industrial segment showed significant strength, growing by 11.7% organically, while the Consumer segment grew by 9.2% organically. Adjusted EBITDA for the quarter increased by 12.3%, with an adjusted EBITDA margin expansion of 90 basis points. Additionally, the company generated $215 million of free cash flow year-to-date. UL Solutions also anticipates mid- to high single-digit organic revenue growth for the full year 2024, driven by strong demand from megatrends such as electrification, energy transition, digitalization, and sustainability. The company expects further adjusted EBITDA margin improvement through top-line organic growth, mix benefits, increased productivity, and strategic accretive mergers and acquisitions.Strong Overall Revenue Growth
Q3 revenue reached $731 million, reflecting 8.1% overall growth with organic growth of 9.3%. The Industrial and Consumer segments showed notable strength, growing by 11.7% and 9.2%, respectively, on an organic basis.
Adjusted EBITDA and Margins Improvement
Adjusted EBITDA for the third quarter grew 12.3% with a margin expansion of 90 basis points, resulting in a 25.0% margin.
Successful New Facility Launch
Opened a large-scale battery testing lab in Auburn Hills, Michigan, with strong initial demand, contributing to future growth expectations.
Capital Allocation and Strong Cash Flow
Generated $215 million of free cash flow year-to-date with strategic acquisitions like TesTneT and maintained a strong balance sheet, allowing regular dividends.
Positive Consumer Segment Performance
The Consumer segment saw an adjusted EBITDA increase of 24.0% with a margin increase of 240 basis points year-over-year, driven by strong demand.
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ULS 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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ULS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 05, 2024 | $51.84 | $51.42 | -0.81% |
| Jul 31, 2024 | $45.68 | $50.30 | +10.11% |
| May 20, 2024 | $36.91 | $37.70 | +2.14% |
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 UL Solutions Inc. Class A (ULS) report earnings?
UL Solutions Inc. Class A (ULS) is schdueled to report earning on May 26, 2025, TBA Not Confirmed.
What is UL Solutions Inc. Class A (ULS) earnings time?
UL Solutions Inc. Class A (ULS) earnings time is at May 26, 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 ULS EPS forecast?
Currently, no data Available
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