By Emon Reiser

Shares of UL Solutions were on the rise after the testing, inspection and certifications company beat Wall Street expectations for the third quarter and announced a restructuring plan to reduce expenses.

The stock rose 10% to $86.44 in midday Tuesday trading, on track to close at an all-time high. Shares were up 72% year to date.

UL Solutions reported income of $106 million, or 49 cents a share for the quarter ended Sept. 30, compared with $94 million, or 44 cents a share, in the year-earlier quarter.

Adjusted earnings per share were 56 cents for the third quarter. Analysts polled by FactSet expected 47 cents a share.

Third-quarter revenue rose 7.1% to $783 million. Analysts expected $770.9 million.

UL Solutions said it's entering a restructuring plan and will exit certain lines of business no longer considered strategically important. The Northbrook, Ill., company expects to incur associated pre-tax expenses between $42 million and $47 million, including between $37 million and $42 million tied to employee-separation charges for about 3.5% of its workforce.

The majority of the costs tied to restructuring are expected to be recorded in the fourth quarter in its consumer and industrial segments, the company said.

Write to Emon Reiser at emon.reiser@wsj.com

(END) Dow Jones Newswires

November 04, 2025 13:16 ET (18:16 GMT)

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