LG Display (LPL) to Release Quarterly Earnings on Wednesday

LG Display (NYSE:LPL) is expected to be announcing its earnings results before the market opens on Wednesday, January 22nd. Analysts expect the company to announce earnings of $0.07 per share and revenue of $6,205,996.38 billion for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

LG Display Price Performance

Shares of LG Display stock opened at $3.21 on Tuesday. The business’s fifty day moving average price is $3.28 and its 200 day moving average price is $3.76. LG Display has a twelve month low of $3.05 and a twelve month high of $5.66. The company has a current ratio of 0.65, a quick ratio of 0.43 and a debt-to-equity ratio of 1.03. The stock has a market capitalization of $3.21 billion, a P/E ratio of -1.83 and a beta of 1.33.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on LPL shares. StockNews.com cut LG Display from a “buy” rating to a “hold” rating in a report on Tuesday, January 7th. JPMorgan Chase & Co. downgraded shares of LG Display from an “overweight” rating to a “neutral” rating in a research note on Wednesday, October 23rd. Finally, Citigroup cut shares of LG Display from a “buy” rating to a “sell” rating in a research report on Thursday, October 24th.

LG Display Company Profile

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.