Ubiquiti Inc expected to post earnings of $1.29 a share - Earnings Preview

Ubiquiti

31/01/2023 19:34

* Ubiquiti Inc  UI.N   UI  is expected to show a rise in
quarterly
revenue when it reports  results on February 2 (estimated). 
    * The New York City-based  company is expected to report  a
10.6% increase in revenue to $477.323 million from $431.57
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Ubiquiti Inc is for
earnings of $1.29 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Ubiquiti
Inc is
$300​, above​ its last closing price of $284.11. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  1.80        1.80       1.55      Missed  -14
 Jun. 30 2022  1.21        1.21       1.54      Beat    27.3
 Mar. 31 2022  1.79        1.79       0.83      Missed  -53.5​
 Dec. 31 2021  2.29        2.29       1.66      Missed  -27.5
 ​​Sep.        2.62        2.62       2.12      Missed  -19.1
 30 2021                                                
 Jun. 30 2021  2.34        2.34       2.47      Beat    5.6​
 Mar. 31 2021  2.18        2.18       2.30      Beat    5.7
 Dec. 31 2020  1.74        1.77       2.53      Beat    43
 This summary was machine generated January 31 at 19:33 GMT.  All
figures in US dollars  unless otherwise stated