Universal Electronics Inc expected to post earnings of 78cents a share - Earnings Preview

Universal Electronics

14/02/2023 23:33

* Universal Electronics Inc  UEIC.OQ   UEIC.O  is expected
to show
a fall in quarterly revenue when it reports  results on February
16. 
    * The Scottsdale Arizona-based  company is expected to
report  a
9.2% decrease in revenue to $130.591 million from $143.86
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. The company's guidance on
November 3 2022, for the period ended December 31, was for
revenue between $125.00 million and $140.00 million.
    * ​Refinitiv's mean analyst estimate for Universal
Electronics Inc
is for earnings of 78 cents per share. The company's EPS
guidance on November 3 2022, for the period ended December
31, was between $0.75 and $0.85 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"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 $35.5​, above​ its last closing price
of $24.30. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.67        0.67       0.68      Beat    1
 ​​Sep.        1.07        1.07       1.03      Missed  -4
 30 2021                                                
 Jun. 30 2021  0.92        0.92       0.98      Beat    6.9​
 Mar. 31 2021  0.80        0.87       0.89      Beat    2.9
 Dec. 31 2020  0.98        0.96       1.14      Beat    19.4
 This summary was machine generated February 14 at 23:33 GMT. 
All figures in US dollars  unless otherwise stated