Universal Display Earnings Preview: Can This Streak Finally End?

Universal Display (NASDAQ:PANL) will report earnings after markets close on Thursday, May 9th. Universal Display Corporation is a member of the United States Display Consortium. The consortium is a cooperative industry/government effort aimed at developing an infrastructure to support a North American flat panel display infrastructure. The Company and its partners are developing high-resolution, full color, light weight Organic Light Emitting Diode (OLED) technology.

Here is your Cheat Sheet to Universal Display Earnings:

Earnings Expectations: Analysts expect earnings of $-0.10 per share on revenues of $14.38 million. Currently, the company’s P/E ratio stands at 148.95.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.34 to a profit $0.29. For the current year, the average estimate is a profit of $0.6, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Universal Display has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 11.08 15.79 30.54 61.29 83.24
Diluted EPS ($) -0.53 -0.56 -0.53 0.07 0.21

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 18.66 12.62 29.99 12.50 28.13
Diluted EPS ($) 0.1119 -0.03 0.23 -0.12 0.1151

Past Performance:
Universal Display has missed analyst estimates 4 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)