Universal Display (OLED) Declares $0.06 Quarterly Dividend; 0.2% Yield

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Universal Display (OLED) PT Lowered to $120 at Oppenheimer

November 2, 2018 9:32 AM EDT

Oppenheimer analyst Andrew Uerkwitz lowered the price target on Universal Display (NASDAQ: OLED) to $120.00 (from $140.00) while maintaining a Outperform rating.

Uerkwitz commented, "OLED reported 3Q18 revenue/EPS of $77.6M/$0.49, lower than consensus of $91.4M/$0.66E and our $90.8M/$0.64E. Annual guidance... More

Universal Display (OLED) Misses Q3 EPS by 18c; Lowers Outlook

November 1, 2018 4:15 PM EDT

Universal Display (NASDAQ: OLED) reported Q3 EPS of $0.48, $0.18 worse than the analyst estimate of $0.66. Revenue for the quarter came in at $77.6 million versus the consensus estimate of $91.41 million.

GUIDANCE:

Universal Display sees Q4 2018 revenue of $240-250 million, versus the consensus of... More