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UEIC — Universal Electronics News Story

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

* Universal Electronics Inc  UEIC.OQ  reported quarterly
adjusted earnings of 89 cents​​ per share for the quarter ended
in March. The mean expectation of three analysts for the quarter
was for earnings of 87 cents per share.
* Revenue fell 0.8% to $150.69 million from a year ago​; 
analysts expected $155.92 million.
* Universal Electronics Inc's reported EPS for the quarter was
49 cents​.
* The mean earnings estimate of analysts had fallen by about 7%
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 6.5% this
quarter and gained 11.6% so far this year.
* The company reported quarterly net income of $6.99 million.
* Wall Street's median 12-month price target for Universal
Electronics Inc is $71.00 
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 3 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
This summary was machine generated May 7 at 01:34 p.m. GMT. ​All
figures in US Dollars.​

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