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

Universal Display

23/02/2023 22:01

* Universal Display Corp  OLED.OQ  reported quarterly
adjusted
earnings of $1.36​​ per share for the quarter ended in December.
The mean expectation of ten analysts for the quarter was
for earnings of 94 cents per share.
    * Revenue rose 15.6% to $169.03 million from a year ago;
analysts
expected $148.97 million. 
    * Universal Display Corp's reported EPS for the quarter was
$1.36​.
    * The mean earnings estimate of analysts had risen by
about 0.1%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Universal Display Corp shares had risen by 18.6% this
quarter.
    * The company reported quarterly net income of $65.13
million.
    * Wall Street's median 12-month price target for Universal
Display
Corp is $142.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
23 at 10:00 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.94           1.36           Beat
 Sep. 30 2022      0.98           1.12           Beat
 Jun. 30 2022      1.03           0.87           Missed
 Mar. 31 2022      0.98           1.05           Beat