Ubiquiti Inc expected to post earnings of $2.34 a share - Earnings Preview

Ubiquiti

25/08/2021 03:53

* 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, New York-based company is expected to
report   a 47.0% increase in revenue to $463.935 million from
$315.52 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 $2.34 per share. For the same quarter last year, the
company reported earnings of $1.46 per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and 3 "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
$286.5​, about 6.6% below​ its last closing price
of $305.27. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  2.18        2.18       2.30      Beat    5.7
 Dec. 31 2020  1.74        1.77       2.53      Beat    43
 Sep. 30 2020  1.44        1.45       2.47      Beat    70.1​
 Jun. 30 2020  1.37        1.37       1.46      Beat    6.6
 Mar.          1.32​       1.33       1.61      Beat    21.3​
 31​ 2020​                                              
 Dec. 31 2019  1.48        1.48       1.40      Missed  -5.1​
 Sep. 30 2019  1.25        1.29       1.44      Beat    11.4
 Jun. 30 2019  1.15        1.16       1.19      Beat    2.5
 This summary was machine generated August 25 at 02:52 GMT.  All
figures in US dollars unless otherwise stated