Ubiquiti Inc expected to post earnings of $1.90 a share - Earnings Preview

Ubiquiti

31/10/2023 18:31

* Ubiquiti Inc  UI.N   UI  is expected to show a rise in
quarterly
revenue when it reports  results on November 2 (estimated). 
    * The New York City-based  company is expected to report  a
10.0% increase in revenue to $547.87 million from $498.08
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 $1.90 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 $118.68. ​​​

This summary was machine generated October 31 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated