Universal Electronics (UEIC) Scheduled to Post Quarterly Earnings on Thursday

Universal Electronics (NASDAQ:UEIC - Get Free Report) will be releasing its earnings data after the market closes on Thursday, November 7th. Analysts expect Universal Electronics to post earnings of $0.15 per share for the quarter. Universal Electronics has set its Q3 2024 guidance at 0.010-0.110 EPS.Investors that are interested in participating in the company's conference call can do so using this link.

Universal Electronics (NASDAQ:UEIC - Get Free Report) last posted its quarterly earnings results on Thursday, August 8th. The technology company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of ($0.19) by ($0.01). Universal Electronics had a negative return on equity of 19.41% and a negative net margin of 11.19%. The firm had revenue of $90.45 million for the quarter, compared to the consensus estimate of $94.86 million. On average, analysts expect Universal Electronics to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Universal Electronics Stock Down 0.1 %

Universal Electronics stock traded down $0.01 during midday trading on Thursday, reaching $8.81. The stock had a trading volume of 45,486 shares, compared to its average volume of 63,394. Universal Electronics has a 12 month low of $7.17 and a 12 month high of $14.20. The firm's 50-day moving average price is $8.62 and its 200 day moving average price is $10.33. The firm has a market capitalization of $114.35 million, a PE ratio of -2.63 and a beta of 1.13.

Analyst Ratings Changes

Separately, StockNews.com upgraded Universal Electronics from a "hold" rating to a "buy" rating in a research note on Thursday, September 19th.

Universal Electronics Company Profile

Universal Electronics Inc designs, develops, manufactures, ships, and supports control and sensor technology solutions in the United States, the People's Republic of China, rest of Asia, Europe, Latin America, and internationally. The company offers voice-enabled automatically-programmed universal two-way radio frequency, as well as infrared remote controls to video service providers, original equipment manufacturers (OEMs), retailers, and private label customers; wall-mount and handheld thermostat controllers and connected accessories for smart energy management systems to OEM customers, hotels, hospitality, and system integrators; proprietary and standards-based RF sensors for residential security, safety, and home automation applications; and integrated circuits on which its software and universal device control database is embedded to OEMs, video service providers, and private label customers.