Benzinga | Aug 5, 2021 05:45PM EDT

Universal Electronics Q2 Adj. EPS $0.98 Beats $0.92 Estimate, Sales $150.60M Miss $156.33M Estimate; Sees Q3 Sales $160M-$170M vs $162.5M Est., Adj. EPS $1-$1.10 vs $1.10 Est.

Universal Electronics (NASDAQ:UEIC) reported quarterly earnings of $0.98 per share which beat the analyst consensus estimate of $0.92 by 6.52 percent. This is a 10.11 percent increase over earnings of $0.89 per share from the same period last year. The company reported quarterly sales of $150.60 million which missed the analyst consensus estimate of $156.33 million by 3.67 percent. This is a 1.65 percent decrease over sales of $153.13 million the same period last year.