Ubiquiti Inc expected to post earnings of $1.96 a share - Earnings Preview

Ubiquiti

02/05/2023 19:31

* Ubiquiti Inc  UI.N   UI  is expected to show a rise in
quarterly
revenue when it reports  results on May 4 (estimated). 
    * The New York City-based  company is expected to report  a
36.2% increase in revenue to $487.857 million from $358.07
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 $1.96 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 $236.65. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  1.29        1.29       1.87      Beat    45
 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.        2.29        2.29       1.66      Missed  -27.5
 31 2021                                                
 Sep. 30 2021  2.62        2.62       2.12      Missed  -19.1​
 Jun. 30 2021  2.34        2.34       2.47      Beat    5.6
 Mar. 31 2021  2.18        2.18       2.30      Beat    5.7
 This summary was machine generated May 2 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated