Universal Electronics (UEIC) Q3 Earnings and Revenues Miss Estimates
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Universal Electronics (UEIC) reported Q3 earnings of $0.10 per share, missing the Zacks Consensus Estimate of $0.15. This is a slight improvement from $0.08 per share a year ago.
November 08, 2024 | 1:15 am
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Universal Electronics reported Q3 earnings of $0.10 per share, below the expected $0.15, but an improvement from last year's $0.08.
The earnings miss is likely to negatively impact UEIC's stock price in the short term as it failed to meet analyst expectations. However, the slight improvement from last year may mitigate some negative sentiment.
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IMPORTANCE 80
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