Does The Street Have LG Display Figured Out?
Jul 15th 2013 1:11PM
Updated Jul 15th 2013 1:12PM
LG Display (NYS: LPL) is expected to report Q2 earnings on July 18. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict LG Display's revenues will grow 4.7% and EPS will turn positive
The average estimate for revenue is $6.33 billion. On the bottom line, the average EPS estimate is $0.23.
Last quarter, LG Display booked revenue of $6.11 billion. GAAP reported sales were 12% higher than the prior-year quarter's $5.46 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.01. GAAP EPS were $0.01 for Q1 versus -$0.32 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 10.4%, 510 basis points better than the prior-year quarter. Operating margin was 2.2%, 560 basis points better than the prior-year quarter. Net margin was 0.1%, 220 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $26.97 billion. The average EPS estimate is $1.05.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 304 members out of 328 rating the stock outperform, and 24 members rating it underperform. Among 68 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 61 give LG Display a green thumbs-up, and seven give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on LG Display is hold, with an average price target of $14.16.
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The article Does The Street Have LG Display Figured Out? originally appeared on Fool.com.Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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