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LG Display earnings due tonight ?2
15:14 26-Jan-16
LPL doesn't tend to move all that much based on earnings reports, but its worth mentioning that the fourth quarter iteration of LG Display earnings should be supplied tonight, with a conference call to follow before market open. On average, analysts are expecting earnings of 25 cents on revenue of $6.3 billion. That said, the stock is very lightly followed and currency can make for large, but mostly meaningless variances.
The LCD business should continue to drag, while the AMOLED business is just starting to ramp up. We have some confirmation of that already from the LG Electronics report today, which said AMOLED TV sales are continuing to improve.