|Bid||7.43 x 4000|
|Ask||9.28 x 2900|
|Day's Range||9.14 - 9.24|
|52 Week Range||7.25 - 12.31|
|Beta (5Y Monthly)||1.12|
|PE Ratio (TTM)||5.49|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Dec 28, 2017|
|1y Target Est||11.30|
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LG Display (NYSE: LPL) shareholders beat a rising market this week, with the stock rising 13% through late trading on Thursday afternoon. Revenue rose 7% in the three-month period that ended in late September, LG Display announced on Wednesday. LG Display's business was pinched by a few unfavorable trends.
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South Korea's LG Display Co Ltd on Wednesday saw its third-quarter operating profit more than triple as strong television demand boosted panel prices but said it expects the buying spree prompted by the pandemic to slow next year. The Apple Inc supplier posted an operating profit of 529 billion won ($449.36 million) for the July-September quarter versus 164 billion a year earlier. "Panel shipments in the fourth quarter are expected to increase by mid-10% compared to the third quarter, with the delayed shipments affected by the industry’s component shortage ...while the prices of LCD TV panels are expected to remain on a downward trend," LG Display said in a statement.