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

Universal Display

03/11/2022 21:03

* Universal Display Corp  OLED.OQ  reported quarterly
adjusted
earnings of $1.12​​ per share for the quarter ended in
September. The mean expectation of ten analysts for the quarter
was for earnings of 98 cents per share.
    * Revenue rose 11.8% to $160.56 million from a year ago;
analysts
expected $147.97 million. 
    * Universal Display Corp's reported EPS for the quarter was
$1.12​.
    * The mean earnings estimate of analysts had fallen by
about 10.8%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Universal Display Corp shares had fallen by 0.1% this
quarter and lost 42.9% so far this year.
    * The company reported quarterly net income of $53.46
million.
    * Wall Street's median 12-month price target for Universal
Display
Corp is $145.00 
    * 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." 

This summary was machine generated from Refinitiv data November
3 at 09:03 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.98           1.12           Beat
 Jun. 30 2022      1.03           0.87           Missed
 Mar. 31 2022      0.98           1.05           Beat
 Dec. 31 2021      1.01           0.96           Missed