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

Universal Display

01/11/2023 02:42

* Universal Display Corp  OLED.OQ   OLED.O  is expected
to show a
fall in quarterly revenue when it reports  results 
    * The Ewing New Jersey-based  company is expected to report 
a
7.3% decrease in revenue to $148.877 million from $160.56
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for Universal Display
Corp is
for earnings of $1.01 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 3
"hold" and no "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 $180​, above​ its last closing price of $139.18. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.75        0.75       1.04      Beat    39.5
 Mar. 31 2023  0.82        0.82       0.83      Beat    1.1
 Dec. 31 2022  0.92        0.94       1.36      Beat    44.3​
 Sep. 30 2022  0.97        0.98       1.12      Beat    14
 ​​Jun.        0.97        1.03       0.87      Missed  -15.2
 30 2022                                                
 Mar. 31 2022  0.97        0.98       1.05      Beat    6.7​
 Dec. 31 2021  1.01        1.01       0.96      Missed  -4.7
 Sep. 30 2021  1.03        1.07       0.97      Missed  -9.5
 This summary was machine generated November 1 at 02:42 GMT.  All
figures in US dollars  unless otherwise stated