Universal Display Corp reports results for the quarter ended December 31 - Earnings Summary

Universal Display

20/02/2025 22:01

* Universal Display Corp  OLED.OQ  reported quarterly
adjusted
earnings of 96 cents​​ per share for the quarter ended December
31, lower than the same quarter last year, when the company
reported EPS of $1.29.  The mean expectation of eight analysts
for the quarter was for earnings of $1.06 per share. Wall Street
expected results to range from 95 cents to $1.13 per share.
    * Revenue rose 2.5% to $162.29 million from a year ago;
analysts
expected $150.01 million. 
    * Universal Display Corp's reported EPS for the quarter was
97
cents​.
    * The company reported quarterly net income of $46.47
million.
    * Universal Display Corp shares had risen by 0.3% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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 average consensus recommendation for the
semiconductors peer
group is also "buy"

Wall Street's median 12-month price target for Universal Display
Corp is $200.00 
This summary was machine generated from LSEG data February 20 at
10:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      1.06           0.96           Missed
 Sep. 30 2024      1.19           1.40           Beat
 Jun. 30 2024      1.14           1.10           Missed
 Mar. 31 2024      1.09           1.19           Beat