Universal Display Corp expected to post earnings of $1.06 a share - Earnings Preview

Universal Display

18/02/2025 21:25

* Universal Display Corp  OLED.OQ   OLED.O  is expected
to show a
fall in quarterly revenue when it reports  results on February
20 for the period ending December 31 2024
    * The Ewing New Jersey-based  company is expected to report
a
5.2% decrease in revenue to $150.015 million from $158.32
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Universal Display Corp
is for
earnings of $1.06 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 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 $203.00​, above​ its last closing price of $142.50. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  1.18        1.19       1.40      Beat    17.9
 Jun. 30 2024  1.12        1.14       1.10      Missed  -3.2
 Mar. 31 2024  1.11        1.09       1.19      Beat    9.3​
 Dec. 31 2023  1.19        1.15       1.29      Beat    11.7
 ​​Sep.        1.01        1.01       1.08      Beat    7.3
 30 2023                                                
 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
 This summary was machine generated February 18 at 21:25 GMT. 
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)