UL Solutions Inc. (ULS) Reports In-Line Q2 EPS, provides outlook

UL Solutions Inc. (NYSE: ULS) reported Q2 EPS of $0.44, in-line with the analyst estimate of $0.44. Revenue for the quarter came in at $730 million.

Full-Year 2024 Outlook

Our key points on 2024 outlook include:

Reiterating mid-single digit constant currency, organic revenue growth
Second half constant currency, organic revenue growth also expected to be in the mid-single digit range
Reiterating Adjusted EBITDA margin improvement
Capital expenditures expected to be 7.5 to 8.5% of revenue
Continuing to pursue acquisitions and portfolio refinements

For earnings history and earnings-related data on UL Solutions Inc. (ULS) click here.

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