Universal Display Corp reports results for the quarter ended June 30 - Earnings Summary
Universal Display Corp reports results for the quarter ended June 30 - Earnings Summary
Universal Display Corp OLED.OQ reported quarterly adjusted earnings of $1.06 per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.41. The mean expectation of eight analysts for the quarter was for earnings of $1.03 per share. Wall Street expected results to range from 96 cents to $1.08 per share.
Revenue fell 11.4% to $152.16 million from a year ago; analysts expected $157.55 million.
Universal Display Corp's reported EPS for the quarter was $1.06.
The company reported quarterly net income of $49.42 million.
Universal Display Corp shares had fallen by 7.2% this quarter and lost 31.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 5.9% 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 8 "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 $125.00, about 35.7% above its last closing price of $80.36
This summary was machine generated from LSEG data July 31 at 06:10 a.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 |
Jun. 30 2026 | 1.03 | 1.06 | Beat |
Mar. 31 2026 | 1.18 | 0.76 | Missed |
Dec. 31 2025 | 1.28 | 1.39 | Beat |
Sep. 30 2025 | 1.21 | 0.92 | Missed |
Recent news on Universal Display
See all newsUniversal Display Corp reports results for the quarter ended September 30 - Earnings Summary
Brief: Universal Display Corporation Announces Third Quarter 2026 Financial Results
Universal Display Q3 revenue misses estimates, sees FY sales at lower end of view
Universal Display Corp expected to post earnings of $1.13 a share - Earnings Preview
US STOCKS ON THE MOVE-Palantir, Haemonetics