Universal Electronics Inc expected to post a loss of 31 cents a share - Earnings Preview

Universal Electronics

03/05/2023 02:52

* Universal Electronics Inc  UEIC.OQ   UEIC.O  is expected
to show
a fall in quarterly revenue when it reports  results on May 4. 
    * The Scottsdale Arizona-based  company is expected to
report  a
22.7% decrease in revenue to $102.415 million from $132.41
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. The company's guidance on
February 16 2023, for the period ended March 31, was for revenue
between $100.00 million and $110.00 million.
    * ​Refinitiv's mean analyst estimate for Universal
Electronics Inc
is for a loss of 31 cents per share. The company's EPS guidance
on February 16 2023, for the period ended March 31, was between
$-0.38 and $-0.28 
    * 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 $21​, above​ its last closing price
of $10.11. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  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. 31 2022  0.47        0.47       0.47      Met     1
 ​​Dec.        0.67        0.67       0.68      Beat    1
 31 2021                                                
 Sep. 30 2021  1.07        1.07       1.03      Missed  -4​
 Jun. 30 2021  0.92        0.92       0.98      Beat    6.9
 Mar. 31 2021  0.80        0.87       0.89      Beat    2.9
 This summary was machine generated May 3 at 01:52 GMT.  All
figures in US dollars  unless otherwise stated