Universal Display Corp expected to post earnings of 98  cents a share - Earnings Preview

Universal Display

04/05/2022 03:11

* Universal Display Corp  OLED.OQ   OLED.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 5. 
    * The Ewing New Jersey-based  company is expected to report 
a
7.8% increase in revenue to $144.459 million from $134 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 98 cents per share. For the same quarter last
year, the company reported earnings of $1.08 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Universal
Display
Corp is $190​, above​ its last closing price of $134.20. ​​​
    * 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 2021  1.01        1.01       0.96      Missed  -4.7
 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.        0.66        0.64       1.13      Beat    77.3
 31 2020                                                
 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. 31 2020  0.64        0.64       0.80      Beat    24.5
 This summary was machine generated May 4 at 02:11 GMT.  All
figures in US dollars  unless otherwise stated