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

Ubiquiti

07/05/2021 20:00

* Ubiquiti Inc  UI.N  reported quarterly adjusted earnings of
$2.30​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for earnings
of $2.18 per share.
* Revenue rose 38.5% to $467.24 million from a year ago​; 
analysts expected $427.42 million.
* Ubiquiti Inc's reported EPS for the quarter was $2.32​.
* The mean earnings estimate of analysts had risen by
about 14.6% 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 10.7% this quarter and
lost 4.4% so far this year.
* The company reported quarterly net income of $146.08 million.
* Wall Street's median 12-month price target for Ubiquiti Inc is
$263.00 
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and 2 "sell" or "strong sell." 
This summary was machine generated May 7 at 07:00 p.m. GMT. ​All
figures in US Dollars.​