Universal Display (OLED) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Universal Display Corp. (OLED) reported $162.29 million in revenue for the quarter ended December 2024, representing a year-over-year increase of 2.5%. EPS of $1.22 for the same period compares to $1.29 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $148.67 million, representing a surprise of +9.17%. The company delivered an EPS surprise of +14.02%, with the consensus EPS estimate being $1.07.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Universal Display performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenue- Material sales: $93.27 million versus $78.92 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +13.4% change. Revenue- Contract research services: $4.62 million compared to the $4.29 million average estimate based on three analysts. The reported number represents a change of +43.6% year over year. Revenue- Royalty and license fees: $64.41 million versus the three-analyst average estimate of $65.14 million. The reported number represents a year-over-year change of -11.6%. View all Key Company Metrics for Universal Display here>>>Shares of Universal Display have returned -1% over the past month versus the Zacks S&P 500 composite's +2.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Universal Display Corporation (OLED): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks