Universal Display Corp expected to post earnings of 88 cents a share - Earnings Preview

Universal Display

03/08/2021 23:24

* Universal Display Corp  OLED.OQ   OLED.O  is expected to show
a rise in quarterly revenue when it reports results on August
5. 
* The Trenton, New Jersey-based company is expected to report 
 a 120.9% increase in revenue to $128.049 million from $57.97
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 88 cents per share. For the same quarter last
year, the company reported earnings of 2 cents 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 $270​, about 15.2% above​ its last closing price
of $229.06. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.78        0.79       1.08      Beat    36
 Dec. 31 2020  0.66        0.64       1.13      Beat    77.3
 Sep. 30 2020  0.51        0.45       0.85      Beat    90.3​
 Jun. 30 2020  0.27        0.30       0.02      Missed  -93.3
 Mar.          0.64​       0.64       0.80      Beat    24.5​
 31​ 2020​                                              
 Dec. 31 2019  0.74        0.74       0.56      Missed  -24.4​
 Sep. 30 2019  0.56        0.58       0.78      Beat    34.3
 Jun. 30 2019  0.46        0.46       0.92      Beat    101.2
 This summary was machine generated August 3 at 22:24 GMT.  All
figures in US dollars unless otherwise stated