LG Display (LPL) Expected to Announce Earnings on Wednesday

LG Display (NYSE:LPL) is expected to be posting its quarterly earnings results before the market opens on Wednesday, January 22nd. Analysts expect LG Display to post earnings of $0.07 per share and revenue of $6,205,996.38 billion for the quarter.

LG Display Stock Down 0.2 %

NYSE LPL opened at $3.18 on Friday. The stock’s 50-day moving average price is $3.29 and its 200-day moving average price is $3.78. The company has a market capitalization of $3.18 billion, a P/E ratio of -1.81 and a beta of 1.33. 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 52 week low of $3.05 and a 52 week high of $5.66.

Analyst Ratings Changes

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

About LG Display

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.