Ubiquiti Inc expected to post earnings of $1.56 a share - Earnings Preview

Ubiquiti

01/05/2024 15:10

* Ubiquiti Inc  UI.N   UI  is expected to show a rise in
quarterly
revenue when it reports  results on May 3 (estimated) for the
period ending March 31 2024
    * The New York City-based  company is expected to report a
4.8% increase in revenue to $479.645 million from $457.77
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Ubiquiti Inc is for
earnings
of $1.56 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 1 "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
$126.50​, above​ its last closing price of $107.58. ​​​

This summary was machine generated May 1 at 14:10 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)