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10-09-2006, 12:00 PM
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Join Date: Oct 2006
Posts: 66,362
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Foolish Forecast: LG.Philips Turns On (Motley Fool)
Yahoo Finance Investing Picks
Motley Fool Foolish Forecast: LG.Philips Turns On Monday October 9, 9:04 am ET By Rich Smith It's hard to believe in the booming industry for the manufacture and sale of flat-panel TV sets, but LG.Philips (NYSE: LPL - News), subsidiary of South Korean LG and Dutch Philips, lost money last quarter. And analysts are predicting yet another loss when the firm reports its Q3 2006 numbers on Tuesday. Will the TV maker prove them wrong? What analysts say: Buy, sell, or waffle? Of the 27 analysts tracking LG.Philips, there are a dozen buy ratings, a dozen holds, and three sells. Revenues. For all of the attention it receives abroad, LG.Philips gets barely a glance from Wall Street, where only three analysts follow it, and only one of them publishes quarterly estimates. For tomorrow, that analyst expects to see 13.5% sales growth to $3 billion ... Earnings. ... and a $0.41-per-share loss, versus last year's $0.32 per share profit. complete article here... Last edited by Thierry Martin; 10-09-2006 at 02:07 PM. |
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