Universal Electronics Inc reports results for the quarter ended in June - Earnings Summary

Universal Electronics

07/08/2021 18:22

* Universal Electronics Inc  UEIC.OQ  reported quarterly
adjusted earnings of 98 cents​​ per share for the quarter ended
in June. The mean expectation of four analysts for the quarter
was for earnings of 92 cents per share.
* Revenue fell 1.7% to $150.62 million from a year ago; 
analysts expected $156.33 million. 
* Universal Electronics Inc's reported EPS for the quarter was
40 cents​.
* The mean earnings estimate of analysts had risen by about 0.2%
in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Universal Electronics Inc shares had fallen by 7.8% this
quarter and lost 14.8% so far this year.
* The company reported quarterly net income of $5.59 million.
* Wall Street's median 12-month price target for Universal
Electronics Inc is $70.00 
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
This summary was machine generated August 7 at 05:22 p.m.  ​All
figures in US dollars unless otherwise stated