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

Universal Display

05/05/2022 23:34

* Universal Display Corp  OLED.OQ  reported quarterly
adjusted
earnings of $1.05​​ per share for the quarter ended in March.
The mean expectation of ten analysts for the quarter was
for earnings of 98 cents per share.
    * Revenue rose 12.3% to $150.47 million from a year ago; 
analysts
expected $144.46 million. 
    * Universal Display Corp's reported EPS for the quarter was
$1.05​.
    * The mean earnings estimate of analysts had fallen by
about 12.1%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Universal Display Corp shares had fallen by 15.2% this
quarter and lost 14.2% so far this year.
    * The company reported quarterly net income of $49.97
million.
    * Wall Street's median 12-month price target for Universal
Display
Corp is $190.00 
    * 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." 

This summary was machine generated May 5 at 10:34 p.m.  ​All
figures in US dollars unless otherwise stated