Ubiquiti Inc expected to post earnings of $2.29 a share - Earnings Preview

Ubiquiti

01/02/2022 15:44

* Ubiquiti Inc  UI.N   UI  is expected to show a fall in
quarterly
revenue when it reports  results on February 3 (estimated). 
    * The New York City-based  company is expected to report  a
2.4% decrease in revenue to $467.786 million from $479.44
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 $2.29 per share. For the same quarter last year, the
company reported earnings of $2.53 per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"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
$330​, about 12.1% above​ its last closing price of $290.04. ​​​

This summary was machine generated February 1 at 15:44 GMT.  All
figures in US dollars  unless otherwise stated