Unity Software Inc reports results for the quarter ended December 31 - Earnings Summary

• Unity Software Inc U.N reported a quarterly adjusted loss of 30 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -66 cents. The mean expectation of eighteen analysts for the quarter was for a loss of 37 cents per share. Wall Street expected results to range from -56 cents to -28 cents per share.

• Revenue fell 25% to $457.10 million from a year ago; analysts expected $433.17 million.

• Unity Software Inc's reported EPS for the quarter was a loss of 30 cents​.

• The company reported a quarterly loss of $122.73 million.

• Unity Software Inc shares had fallen by 4.5% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.8% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 14 "hold" and 2 "sell" or "strong sell."

• The average consensus recommendation for the software peer group is also "buy"

Wall Street's median 12-month price target for Unity Software Inc is $23.00

This summary was machine generated from LSEG data February 20 at 03:19 p.m. UTC. ​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)