Universal Electronics's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Universal Electronics (NASDAQ:UEIC) is set to release its latest quarterly earnings report on August 3, 2023. Analysts estimate an earnings per share (EPS) of $-0.19. The company's past performance shows a pattern of share price drops following earnings reports. The company's shares were trading at $11.66 as of August 1, with a 52-week drop of 58.93%.
August 04, 2023 | 12:21 pm
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Universal Electronics is expected to report an EPS of $-0.19 in its upcoming earnings. The company's stock has historically dropped following earnings reports.
The company's stock has shown a pattern of dropping following earnings reports. Given the analysts' estimate of a negative EPS, it is likely that the stock will follow this pattern and drop in the short term.
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