UL Solutions Inc. (ULS) revealed a profit for its first quarter that increased from last year and beat the Street estimates.
The company's bottom line came in at $67 million, or $0.33 per share. This compares with $56 million, or $0.28 per share, last year.
Excluding items, UL Solutions Inc. reported adjusted earnings of $80 million or $0.37 per share for the period.
Analysts on average had expected the company to earn $0.31 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 5.2% to $705 million from $670 million last year.
UL Solutions Inc. earnings at a glance (GAAP) :
-Earnings: $67 Mln. vs. $56 Mln. last year.
-EPS: $0.33 vs. $0.28 last year.
-Revenue: $705 Mln vs. $670 Mln last year.
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