Ubiquiti Inc expected to post earnings of $1.64 a share - Earnings Preview

Ubiquiti

30/01/2024 13:59

* Ubiquiti Inc  UI.N   UI  is expected to show a fall in
quarterly
revenue when it reports  results on February 1 (estimated) for
the period ending December 31 2023
    * The New York City-based  company is expected to report a
0.9% decrease in revenue to $489.096 million from $493.57
million a year ago, according to the estimate from one analyst,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Ubiquiti Inc is for
earnings
of $1.64 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
$132.50​, below​ its last closing price of $133.64. ​​​

This summary was machine generated January 30 at 13:59 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)