Universal Display Corp. (OLED) Lags Q3 Earnings and Revenue Estimates

Universal Display Corp. (OLED) came out with quarterly earnings of $0.92 per share, missing the Zacks Consensus Estimate of $1.19 per share. This compares to earnings of $1.4 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -22.69%. A quarter ago, it was expected that this organic light-emitting diode technology company would post earnings of $1.18 per share when it actually produced earnings of $1.41, delivering a surprise of ...