Universal Display Corp. (OLED) Beats Q4 Earnings and Revenue Estimates

Company Performance - Universal Display Corp. reported quarterly earnings of $1.22 per share, exceeding the Zacks Consensus Estimate of $1.07 per share, but down from $1.29 per share a year ago [1] - The earnings surprise for this quarter was 14.02%, following a previous quarter where the company reported earnings of $1.40 per share against an expectation of $1.20, resulting in a surprise of 16.67% [2] - The company achieved revenues of $162.29 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 9.17% and up from $158.32 million year-over-year [3] Market Performance - Universal Display shares have increased approximately 0.3% since the beginning of the year, while the S&P 500 has gained 4.5% [4] - The current Zacks Rank for Universal Display is 3 (Hold), indicating that the stock is expected to perform in line with the market in the near future [7] Future Outlook - The consensus EPS estimate for the upcoming quarter is $0.99 on revenues of $151.23 million, and for the current fiscal year, it is $4.71 on revenues of $669.78 million [8] - The outlook for the industry, particularly the Electronics - Miscellaneous Components sector, is currently in the bottom 35% of Zacks industries, which may impact the stock's performance [9]