* Ubiquiti Inc UI.N reported quarterly adjusted earnings
of
$2.28 per share for the quarter ended December 31, higher than
the same quarter last year, when the company reported EPS of
$1.38. The mean expectation of two analysts for the quarter was
for earnings of $2.14 per share.
* Revenue rose 29% to $599.88 million from a year ago;
analysts
expected $510.68 million.
* Ubiquiti Inc's reported EPS for the quarter was $2.26.
* The company reported quarterly net income of $136.8
million.
* Ubiquiti Inc shares had risen by 28.6% this quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by
about 15.1%
in the last three months.
* In the last 30 days, there have been no negative revisions
of
earnings estimates
RECOMMENDATIONS
* 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 average consensus recommendation for the
communications &
networking peer group is also "hold"
Wall Street's median 12-month price target for Ubiquiti Inc is
$338.00
This summary was machine generated from LSEG data February 7 at
01:13 p.m. UTC. All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Dec. 31 2024 2.14 2.28 Beat
Sep. 30 2024 1.63 2.14 Beat
Jun. 30 2024 1.73 1.74 Beat
Mar. 31 2024 1.56 1.28 Missed