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

Ubiquiti

05/11/2021 13:26

* Ubiquiti Inc  UI.N  reported quarterly adjusted earnings of
$2.12​​ per share for the quarter ended in September. The mean
expectation of two analysts for the quarter was for earnings of
$2.62 per share.
* Revenue fell 3.1% to $458.91 million from a year ago; 
analysts expected $505.34 million. 
* Ubiquiti Inc's reported EPS for the quarter was $2.11​.
* The mean earnings estimate of analysts had risen by about 4.4%
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 risen by 4.6% this quarter and
gained 12.2% so far this year.
* The company reported quarterly net income of $132.15 million.
* Wall Street's median 12-month price target for Ubiquiti Inc is
$340.00 
* 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." 
This summary was machine generated November 5 at 01:25 p.m.
 ​All figures in US dollars unless otherwise stated