Universal Display Corp expected to post earnings of $1.01 a share - Earnings Preview

Universal Display

22/02/2022 03:03

* Universal Display Corp  OLED.OQ   OLED.O  is expected
to show a
rise in quarterly revenue when it reports  results on February
23. 
    * The Trenton New Jersey-based  company is expected to
report  a
2.2% increase in revenue to $144.604 million from $141.54
million a year ago, according to the mean estimate from 10
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Universal Display
Corp is
for earnings of $1.01 per share. For the same quarter last year,
the company reported earnings of $1.13 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Universal
Display
Corp is $225​, about 38.8% above​ its last closing price
of $137.62. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  1.03        1.07       0.97      Missed  -9.5
 Jun. 30 2021  0.89        0.88       0.85      Missed  -3
 Mar. 31 2021  0.78        0.79       1.08      Beat    36​
 Dec. 31 2020  0.66        0.64       1.13      Beat    77.3
 ​​Sep.        0.51        0.45       0.85      Beat    90.3
 30 2020                                                
 Jun. 30 2020  0.27        0.30       0.02      Missed  -93.3​
 Mar. 31 2020  0.64        0.64       0.80      Beat    24.5
 Dec. 31 2019  0.74        0.74       0.56      Missed  -24.4
 This summary was machine generated February 22 at 03:03 GMT. 
All figures in US dollars  unless otherwise stated