Universal Electronics (UEIC) Q4 Earnings and Revenues Surpass Estimates

Company Performance - Universal Electronics reported quarterly earnings of $0.20 per share, exceeding the Zacks Consensus Estimate of $0.14 per share, and up from $0.07 per share a year ago, representing an earnings surprise of 42.86% [1] - The company posted revenues of $110.45 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 8.61%, compared to year-ago revenues of $97.59 million [2] - Over the last four quarters, Universal Electronics has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] Stock Performance - Universal Electronics shares have declined approximately 12.3% since the beginning of the year, while the S&P 500 has gained 4.5% [3] - The current consensus EPS estimate for the coming quarter is $0.15 on revenues of $101.8 million, and for the current fiscal year, it is $0.68 on revenues of $431.9 million [7] Industry Outlook - The Electronics - Miscellaneous Products industry, to which Universal Electronics belongs, is currently ranked in the bottom 48% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Universal Electronics' stock performance [5]