UEIC Earnings Prediction
The chart below shows how UEIC performed 10 days before and after its earnings report, based on data from the past quarters. Typically, UEIC sees a +0.20% change in stock price 10 days leading up to the earnings, and a -11.15% change 10 days following the report. On the earnings day itself, the stock moves by -0.64%. This data can give you a slight idea of what to expect for the next quarter's release.
UEIC Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
110.45M
13.18%
8.21%
Gross Margin
28.36%
-1.29%
-5.81%
Operating Margin
2.06%
196.26%
303.92%
Net Margin
-4.10%
-43.68%
57.69%
EPS
-0.35
-36.36%
75.00%
No Data Available
UEIC Earnings Analysis
Universal Electronics Inc Corporation (UEIC.O) Earnings Conference Call
Positive
Q4 Sales Growth Exceeds Projections: Sales growth of 13% in Q4 2024 compared to Q4 2023, exceeding projections and consensus.
EPS Improvement: Improved EPS by $0.24 per share compared to the fourth quarter a year ago.
Connected Home Momentum: Connected home business showed increased momentum with several new products shipping and new orders increasing.
Connected Home Product Pipeline: Strong pipeline of new products in the connected home market, indicating long-term revenue growth potential.
Connected Home Market Expansion: Gained traction in the connected home market with new customers and existing relationships with top OEM brands.
CES Participation Success: Successful participation at the International Consumer Electronics Show (CES) with strong interest in new products and technologies.
Innovative Technology Enhancements: Introduction of innovative technologies like QuickSet HomeSense and UEI TIDE Pro platform, enhancing customer offerings.
Operating Income Improvement: Operating income increased to $4.2 million compared to $2 million in Q4 2023, indicating improved profitability.
SG&A Expense Reduction: Reduction in SG&A expenses from $21.1 million to $20.3 million, reflecting cost management efforts.
Strong Cash Flow Management: Net cash provided by operating activities was $14.8 million, indicating strong cash flow management.
Negative
Earnings Miss Report: Universal Electronics Inc. misses on earnings expectations with reported EPS of $-0.34753, while expectations were $0.14.
Sales Increase, Net Loss: Despite a 13% increase in sales, the company reported a net loss of $2.6 million for Q4 2024, compared to a net loss of $500,000 in Q4 2023.
Operating Income Improvement: Operating income improved to $4.2 million, but the overall financial performance still reflects challenges in the home entertainment channel.
Cash Decrease and Liquidity Concerns: Cash and cash equivalents decreased significantly from $42.8 million at the end of 2023 to $26.8 million at the end of 2024, indicating potential liquidity issues.
Projected Net Loss: The company anticipates a net loss ranging from $0.21 to $0.11 per share for Q1 2025, compared to a loss of $0.26 per share in Q1 2024, suggesting ongoing financial struggles.
UEIC FAQs
How does UEIC typically perform around its earnings report dates?
Is Universal Electronics Inc (UEIC) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
UEIC Earning Call Sentiment
Universal Electronics Inc. (NASDAQ:UEIC) Q4 2024 Earnings Call Transcript
UEIC.O
6.45%Positive
The earnings call presents a mixed picture: while net sales and operating income show improvement, the EPS is negative, and cash reserves have decreased. The Q&A session reveals uncertainty around tariffs and market sustainability, adding to the cautious outlook. Despite promising developments in HVAC and connected home markets, the lack of a share repurchase program and vague management responses temper optimism. Overall, the sentiment is neutral, reflecting balanced positive and negative factors.
