Universal Electronics (UEIC) Q3 Earnings and Revenues Miss Estimates

Universal Electronics (UEIC) came out with quarterly earnings of $0.10 per share, missing the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -33.33%. A quarter ago, it was expected that this remote control maker would post a loss of $0.04 per share when it actually produced a loss of $0.09, delivering a surprise of -125%.Over the last four quarter ...