Universal Electronics, Inc. (UEIC) Misses Q3 EPS by 4c, Posts Weak Q4 and FY11 Guidance

November 3, 2011 4:06 PM EDT
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Price: $5.27 +1.93%

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Cost of sales: 127.53M

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Universal Electronics, Inc. (NASDAQ: UEIC) reported Q3 EPS of $0.47, $0.04 worse than the analyst estimate of $0.51. Revenue for the quarter came in at $123.5 million versus the consensus estimate of $123.73 million.

Universal Electronics, Inc. sees Q4 2011 EPS of $0.33-$0.43, versus the consensus of $0.65. Universal Electronics, Inc. sees Q4 2011 revenue of $115-$121 million, versus the consensus of $128 million.

Universal Electronics, Inc. sees FY2011 EPS of $1.47-$1.57, versus the consensus of $1.75.


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Earnings, Guidance