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

Universal Display

05/08/2021 22:02

* Universal Display Corp  OLED.OQ  reported quarterly adjusted
earnings of 85 cents​​ per share for the quarter ended in June.
The mean expectation of ten analysts for the quarter was
for earnings of 88 cents per share.
* Revenue rose 123.7% to $129.66 million from a year ago; 
analysts expected $128.05 million. 
* Universal Display Corp's reported EPS for the quarter was 86
cents​.
* The mean earnings estimate of analysts had fallen by about 2%
in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* Universal Display Corp shares had risen by 4.2% this
quarter and gained 0.8% so far this year.
* The company reported quarterly net income of $40.54 million.
* Wall Street's median 12-month price target for Universal
Display Corp is $270.00 
* 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." 
This summary was machine generated August 5 at 09:02 p.m.  ​All
figures in US dollars unless otherwise stated