Universal Display Corp expected to post earnings of $1.19 a share - Earnings Preview

Reuters
2024-10-29

* Universal Display Corp is expected to show a rise in quarterly revenue when it reports results on October 30 for the period ending September 30 2024

* The Ewing New Jersey-based company is expected to report a 17.0% increase in revenue to $165.058 million from $141.08 million a year ago, according to the mean estimate from 8 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for Universal Display Corp is for earnings of $1.19 per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 3 "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 Display Corp is 240.00​, above​ its last closing price of $204.16. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 1.12 1.14 1.10 Missed -3.2

Mar. 31 2024 1.11 1.09 1.19 Beat 9.3

Jan. 1 0001 1.19 1.15 1.29 Beat 11.7​

Sep. 30 2023 1.01 1.01 1.08 Beat 7.3

​​Jun. 0.75 0.75 1.04 Beat 39.5

30 2023

Jan. 1 0001 0.82 0.82 0.83 Beat 1.1​

Dec. 31 2022 0.92 0.94 1.36 Beat 44.3

Sep. 30 2022 0.97 0.98 1.12 Beat 14

This summary was machine generated October 29 at 03:13 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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