Universal Electronics Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Universal Electronics (NASDAQ:UEIC) Full Year 2024 Results

Key Financial Results

• Revenue: US$394.9m (down 6.1% from FY 2023).
• Net loss: US$24.0m (loss narrowed by 76% from FY 2023).
• US$1.85 loss per share (improved from US$7.64 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Universal Electronics Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) missed analyst estimates by 15%.

Looking ahead, revenue is forecast to grow 3.6% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Consumer Durables industry in the US.

Performance of the American Consumer Durables industry.

The company's shares are down 5.9% from a week ago.

Valuation

Our analysis of Universal Electronics based on 6 different valuation metrics shows it might be undervalued. Click here to find out what a fair price for the stock might be and where analysts see the share price heading over the next year.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.