Ubiquiti Inc expected to post earnings of $1.80 a share - Earnings Preview

Ubiquiti

22/08/2023 14:57

* Ubiquiti Inc  UI.N   UI  is expected to show a rise in
quarterly
revenue when it reports  results on August 24 (estimated). 
    * The New York City-based  company is expected to report  a
9.1% increase in revenue to $483.413 million from $443.15
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Ubiquiti Inc is for
earnings of $1.80 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
$300​, above​ its last closing price of $156.97. ​​​

This summary was machine generated August 22 at 13:57 GMT.  All
figures in US dollars  unless otherwise stated