Universal Display Corp expected to post earnings of 82  cents a share - Earnings Preview

Universal Display

02/05/2023 03:09

* Universal Display Corp  OLED.OQ   OLED.O  is expected
to show a
fall in quarterly revenue when it reports  results on May 3. 
    * The Ewing New Jersey-based  company is expected to report 
a
9.7% decrease in revenue to $135.9 million from $150.47 million
a year ago, according to the mean estimate from 9 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Universal Display
Corp is
for earnings of 82 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.7%
in the last three months. ​
    * Wall Street's median 12-month price target for Universal
Display
Corp is $150​, above​ its last closing price of $133.65. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.92        0.94       1.36      Beat    44.3
 Sep. 30 2022  0.97        0.98       1.12      Beat    14
 Jun. 30 2022  0.97        1.03       0.87      Missed  -15.2​
 Mar. 31 2022  0.97        0.98       1.05      Beat    6.7
 ​​Dec.        1.01        1.01       0.96      Missed  -4.7
 31 2021                                                
 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
 This summary was machine generated May 2 at 02:08 GMT.  All
figures in US dollars  unless otherwise stated