Universal Electronics Inc reports results for the quarter ended December 31 - Earnings Summary

• Universal Electronics Inc UEIC.OQ reported quarterly adjusted earnings of 20 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 7 cents. The mean expectation of three analysts for the quarter was for earnings of 10 cents per share. Wall Street expected results to range from 6 cents to 15 cents per share.

• Revenue rose 13.2% to $110.45 million from a year ago; analysts expected $102.47 million.

• Universal Electronics Inc's reported EPS for the quarter was a loss of 35 cents​.

• The company reported a quarterly loss of $4.53 million.

• Universal Electronics Inc shares had fallen by 12.3% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged 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 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

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

Wall Street's median 12-month price target for Universal Electronics Inc is $14.00

This summary was machine generated from LSEG data February 20 at 11:40 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)