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Universal Electronics (UEIC) Surpasses Q3 Earnings Estimates

Universal Electronics (UEIC) came out with quarterly earnings of 0.08pershare,beatingtheZacksConsensusEstimateofalossof0.08 per share, beating the Zacks Consensus Estimate of a loss of 0.03 per share. This compares to earnings of 0.1pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof+366.670.1 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +366.67%. A quarter ago, it was expected that this remote control maker would post earnings of 0.05 per share when it actually produced earnings of $0.18, delivering a surprise of +260%.Over the las ...