Universal Electronics Inc expected to post a loss of 19 cents a share - Earnings Preview

Universal Electronics

02/08/2023 03:06

* Universal Electronics Inc  UEIC.OQ   UEIC.O  is expected
to show
a fall in quarterly revenue when it reports  results on August
3. 
    * The Scottsdale Arizona-based  company is expected to
report  a
21.5% decrease in revenue to $109.212 million from $139.1
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. The company's guidance on May
4 2023, for the period ended June 30, was for revenue between
$105.00 million and $115.00 million.
    * ​Refinitiv's mean analyst estimate for Universal
Electronics Inc
is for a loss of 19 cents per share. The company's EPS guidance
on May 4 2023, for the period ended June 30, was between $-0.25
and $-0.15 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"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 $15.5​, above​ its last closing price
of $11.66. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.31       -0.31      -0.28     Beat    8.6
 Dec. 31 2023  0.78        0.78       0.44      Missed  -43.3
 Sep. 30 2022  0.74        0.74       1.00      Beat    35.3​
 Jun. 30 2022  0.56        0.56       0.66      Beat    17.2
 ​​Mar.        0.47        0.47       0.47      Met     1
 31 2022                                                
 Dec. 31 2021  0.67        0.67       0.68      Beat    1​
 Sep. 30 2021  1.07        1.07       1.03      Missed  -4
 Jun. 30 2021  0.92        0.92       0.98      Beat    6.9
 This summary was machine generated August 2 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated