Universal Electronics Inc expected to post a loss of 1 cent a share - Earnings Preview

Universal Electronics

13/02/2024 21:16

* Universal Electronics Inc  UEIC.OQ   UEIC.O  is expected
to show
a fall in quarterly revenue when it reports  results on February
15 for the period ending December 31 2023
    * The Scottsdale Arizona-based  company is expected to
report a
21.0% decrease in revenue to $96.926 million from $122.76
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.The company's guidance on November
2 2023, for the period ended December 31, was for revenue
between $95.00 million and $105.00 million. (SAL is basen on Net
Sales)
    * ​LSEG's mean analyst estimate for Universal Electronics
Inc is
for a loss of 1 cent per share. The company's EPS guidance on
November 2 2023, for the period ended December 31, was between
$-0.05 and $0.05 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Universal
Electronics Inc is $14.00​, above​ its last closing price
of $8.46. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.07        0.07       0.08      Beat    23.1
 Jun. 30 2023  -0.19       -0.19      -0.06     Beat    68
 Mar. 31 2023  -0.31       -0.31      -0.28     Beat    8.6​
 Dec. 31 2022  0.78        0.78       0.44      Missed  -43.3
 ​​Sep.        0.74        0.74       1.00      Beat    35.3
 30 2022                                                
 Jun. 30 2022  0.56        0.56       0.66      Beat    17.2​
 Mar. 31 2022  0.47        0.47       0.47      Met     1
 Dec. 31 2021  0.67        0.67       0.68      Beat    1
 This summary was machine generated February 13 at 21:16 GMT. 
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)