Universal Electronics (UEIC) Tops Q4 EPS by 6c; Issues Mixed Outlook

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Go back to Universal Electronics (UEIC) Tops Q4 EPS by 6c; Issues Mixed Outlook

Piper Jaffray Raises Price target on Universal Electronics (UEIC) Following Mixed Earnings and Guidance

February 19, 2016 8:06 AM EST

Piper Jaffray reiterated an Overweight rating on Universal Electronics (NASDAQ: UEIC), and raised the price target to $69.00 (from $68.00), following the company's 4Q earnings report. UEI reported Q4 EPS of $0.91 on revenue of $162.1M vs. consensus of $0.85 on $164.2M. The Q1'16 outlook calls for PF EPS of $0.46-$0.54, below consensus of... More