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

Ubiquiti

04/11/2022 13:01

* Ubiquiti Inc  UI.N  reported quarterly adjusted earnings
of
$1.55​​ per share for the quarter ended in September. The mean
expectation of two analysts for the quarter was for earnings of
$1.80 per share.
    * Revenue rose 8.5% to $498.08 million from a year ago;
analysts
expected $463.96 million. 
    * Ubiquiti Inc's reported EPS for the quarter was $1.54​.
    * The mean earnings estimate of analysts had risen by
about 13.4%
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 11.1% this quarter and
gained 6.3% so far this year.
    * The company reported quarterly net income of $93.18
million.
    * Wall Street's median 12-month price target for Ubiquiti
Inc is
$300.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
4 at 01:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      1.80           1.55           Missed
 Jun. 30 2022      1.21           1.54           Beat
 Mar. 31 2022      1.79           0.83           Missed
 Dec. 31 2021      2.29           1.66           Missed