UL Solutions Inc. (NYSE:ULS ) Q1 2025 Earnings Conference Call May 6, 2025 8:30 AM ET Company Participants Mitchell Ji - SVP, Corporate Finance Jenny Scanlon - President and CEO Ryan Robinson - EVP and CFO Conference Call Participants Stephanie Moore - Jefferies George Tong - Goldman Sachs Josh Chan - UBS Andrew Nicholas - William Blair Arthur Truslove - Citi Brett Castelli - Morningstar Operator Good day, and welcome to the UL Solutions' First Quarter 2025 Earnings Conference Call. All participants will be in a listen-only mode.
While the top- and bottom-line numbers for UL Solutions Inc. (ULS) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
UL Solutions Inc. (ULS) came out with quarterly earnings of $0.37 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.28 per share a year ago.
UL Solutions Inc. (ULS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
I am downgrading UL Solutions to hold due to disappointing FY25 guidance, indicating a significant deceleration in growth compared to FY24 levels. ULS reported strong FY24 results with $739 million in revenue and 69% EPS growth. Management's FY25 guidance suggests mid-single-digit organic growth, reflecting macro uncertainty and potential delays in product launches, impacting near-term performance.
I am positive on UL Solutions due to its leading position in the outsourced product TIC market and significant scale advantages. ULS benefits from secular tailwinds, such as emerging technologies like EVs, driving demand for its testing, inspection, and certification services. ULS's recent performance shows strong growth, with organic revenue growth outpacing the market, supported by increased testing capacity and favorable market trends.
UL Solutions Inc. (ULS) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
UL Solutions Inc. NYSE: ULS is a company in the business services sector that may not sound familiar, but its trademark, the UL Mark inside a circle logo, likely does. The UL Mark can be found on home appliances, furniture, smart devices, plumbing products, smoke detectors, fire extinguishers, and computer equipment.
UL Solutions Inc. ULS, +0.57% posted its first earnings as a public company on Monday, after the testing, inspection and certification company completed its initial public offering in April. The Northbrook, Illinois-based company had net income of $56 million, or 28 cents a share, for the quarter, compared with $55 million, or 28 cents a share, in the year-earlier period.