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

Universal Display

02/11/2022 02:14

* Universal Display Corp  OLED.OQ   OLED.O  is expected
to show a
rise in quarterly revenue when it reports  results on November
3. 
    * The Ewing New Jersey-based  company is expected to report 
a
3.0% increase in revenue to $147.974 million from $143.62
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. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 2
"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 $145​, above​ its last closing price of $96.97. ​​​

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 2022  0.97        1.03       0.87      Missed  -15.2
 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
 ​​Jun.        0.89        0.88       0.85      Missed  -3
 30 2021                                                
 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
 This summary was machine generated November 2 at 02:13 GMT.  All
figures in US dollars  unless otherwise stated