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

Universal Electronics

04/08/2023 05:34

* Universal Electronics Inc  UEIC.OQ  reported a quarterly
adjusted loss of 6 cents​​ per share for the quarter ended in
June. The mean expectation of four analysts for the quarter was
for a loss of 19 cents per share.
    * Revenue fell 22.8% to $107.39 million from a year ago;
analysts
expected $109.21 million. 
    * Universal Electronics Inc's reported EPS for the quarter
was a
loss of 81 cents​.
    * The mean earnings estimate of analysts had fallen by
about 211.1% 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 risen by 20.8% this
quarter and lost 44.2% so far this year.
    * The company reported a quarterly loss of $10.41 million.
    * Wall Street's median 12-month price target for Universal
Electronics Inc is $15.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 4 at 04:34 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.19          -0.06          Beat
 Mar. 31 2023      -0.31          -0.28          Beat
 Dec. 31 2022      0.78           0.44           Missed
 Sep. 30 2022      0.74           1.00           Beat