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ULBI — Ultralife News Story

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Ultralife Corp reports results for the quarter ended March 31 - Earnings Summary

Ultralife Corp ULBI.OQ reported quarterly adjusted earnings of 13 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 21 cents.  The lone analyst forecast for the quarter was for earnings of 15 cents per share.

Revenue rose 21% to $50.75 million from a year ago; analysts expected $48.00 million.

Ultralife Corp's reported EPS for the quarter was 11 cents​.

The company reported quarterly net income of $1.87 million.

Ultralife Corp shares had fallen by 9.3% this quarter and lost 34.5% so far this year.

FORECAST CHANGES

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.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the electrical components & equipment peer group is also "buy"

Wall Street's median 12-month price target for Ultralife Corp is $14.00

This summary was machine generated from LSEG data May 9 at 06:52 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20250.150.13Missed
Dec. 31 20240.150.01Missed
Sep. 30 20240.210.02Missed
Jun. 30 20240.140.22Beat

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