Universal Display (OLED) Tops Q1 EPS by 4c
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May 6, 2016 8:32 AM EDT
Needham & Company reiterated a Buy rating on Universal Display (NASDAQ: OLED), and raised the price target to $62.00 (from $57.00), following the company's 1Q earnings report. UDC posted EPS of $0.04, above the Street's expectations of a breakeven quarter. Revenues declined 5% y/o/y to $29.7M, below consensus estimates of $31.6M. Mgmt... More
May 6, 2016 6:52 AM EDT
Oppenheimer analyst, Andrew Uerkwitz, maintained his Perform rating on Universal Display (NASDAQ: OLED) as revenues dropped 5% Y/Y, with 22% royalty/license fee growth offset by a 9% decline in material sales. Green emitter sales were up 25% Q/Q due to sales of yellow green... More
May 4, 2016 2:39 PM EDT
The Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
8:30am EDT
Initial Claims - Street sees 259k
Earnings:
3D Systems (NYSE: DDD) - consensus EPS $0.05
AAC Holdings (NYSE: AAC) - consensus EPS $0.15
ACI Worldwide, Inc. (Nasdaq: ACIW) - consensus loss $0.08
Agios Pharma (Nasdaq: AGIO) - consensus loss $0.79
Alibaba (NYSE: BABA) - consensus EPS... More
