UL Solutions Inc. (ULS) revealed earnings for its second quarter that increased from last year and beat the Street estimates.
The company's earnings came in at $101 million, or $0.50 per share. This compares with $94 million, or $0.47 per share, in last year's second quarter.
Excluding items, UL Solutions Inc. reported adjusted earnings of $94 million or $0.44 per share for the period.
Analysts on average had expected the company to earn $0.39 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 6.0% to $730 million from $689 million last year.
UL Solutions Inc. earnings at a glance (GAAP) :
-Earnings (Q2): $101 Mln. vs. $94 Mln. last year.
-EPS (Q2): $0.50 vs. $0.47 last year.
-Revenue (Q2): $730 Mln vs. $689 Mln last year.
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