Universal Display Corp. (OLED) Q2 Earnings and Revenues Lag Estimates

Universal Display Corp. (OLED) came out with quarterly earnings of $1.10 per share, missing the Zacks Consensus Estimate of $1.14 per share. This compares to earnings of $1.04 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -3.51%. A quarter ago, it was expected that this organic light-emitting diode technology company would post earnings of $1.05 per share when it actually produced earnings of $1.19, delivering a surprise of ...