Ubiquiti Inc reports results for the quarter ended in June - Earnings Summary

Ubiquiti

27/08/2021 13:03

* Ubiquiti Inc  UI.N  reported quarterly adjusted earnings of
$2.47​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for earnings
of $2.34 per share.
* Revenue rose 51.5% to $477.89 million from a year ago; 
analysts expected $463.94 million. 
* Ubiquiti Inc's reported EPS for the quarter was $2.46​.
* The mean earnings estimate of analysts was unchanged in the
last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Ubiquiti Inc shares had fallen by 3.7% this quarter and
gained 7.9% so far this year.
* The company reported quarterly net income of $154.33 million.
* Wall Street's median 12-month price target for Ubiquiti Inc is
$286.50 
* 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." 
This summary was machine generated August 27 at 12:02 p.m.  ​All
figures in US dollars unless otherwise stated