Universal Electronics Inc expected to post earnings of 7  cents a share - Earnings Preview

Universal Electronics

01/11/2023 02:10

* Universal Electronics Inc  UEIC.OQ   UEIC.O  is expected
to show
a fall in quarterly revenue when it reports  results 
    * The Scottsdale Arizona-based  company is expected to
report  a
24.8% decrease in revenue to $111.7 million from $148.48 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data. The company's guidance on August 3 2023, for
the period ended September 30, was for revenue between $108.00
million and $118.00 million.
    * ​Refinitiv's mean analyst estimate for Universal
Electronics Inc
is for earnings of 7 cents per share. The company's EPS guidance
on August 3 2023, for the period ended September 30, was between
$0.02 and $0.12 
    * 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​, above​ its last closing price of $7.85.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  0.74        0.74       1.00      Beat    35.3
 ​​Jun.        0.56        0.56       0.66      Beat    17.2
 30 2022                                                
 Mar. 31 2022  0.47        0.47       0.47      Met     1​
 Dec. 31 2021  0.67        0.67       0.68      Beat    1
 Sep. 30 2021  1.07        1.07       1.03      Missed  -4
 This summary was machine generated November 1 at 02:09 GMT.  All
figures in US dollars  unless otherwise stated