Is LG Display (LPL) a 'Buy' Ahead of Its Upcoming Earnings Announcement?

LG Display Co., one of the world’s largest manufacturers of LCD and OLED displays, is expected to report fiscal Q3 results on Thursday. A Zacks Rank #3 (Hold), LG Display has missed the earnings mark in each of the past two quarters. But with shares experiencing a correction in the fourth quarter, is LPL a buy ahead of the release?Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Analysts anticipate the company to post a profit of 7 cents per share, reflecting a nearly 127% growth rate versus the same quarter last year. Sales are projected to have declined slightly to $5 billion during the quarter.LPL LPL stock remains relatively undervalued and trades at just 7.2 times forward earnings. But the fundamental outlook remains bleak for the Korea-based display giant. Annual revenues are anticipated to drop nearly 5% in 2026.Remember that from a broader perspective, stocks can be volatile surrounding earnings releases. Investors would be wise to exercise caution ahead of the upcoming announcement.#1 Semiconductor Stock to Buy (Not NVDA)The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report LG Display Co., Ltd. (LPL): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks