Ucloudlink Group Inc (UCL, Financial) is set to release its Q3 2024 earnings on Nov 26, 2024. The consensus estimate for Q3 2024 revenue is $26.05 million, and the earnings are expected to come in at $0.06 per share. The full year 2024's revenue is expected to be $94.24 million and the earnings are expected to be $0.08 per share. More detailed estimate data can be found on the Forecast page.
Ucloudlink Group Inc (UCL, Financial) Estimates Trends
Revenue estimates for Ucloudlink Group Inc (UCL) have remained flat at $94.24 million for the full year 2024 and at $120 million for 2025 over the past 90 days. Similarly, earnings estimates have remained flat at $0.08 per share for the full year 2024 and at $0.48 per share for 2025 over the past 90 days.
Ucloudlink Group Inc (UCL, Financial) Reported History
In the previous quarter ending 2024-06-30, Ucloudlink Group Inc's (UCL) actual revenue was $22.36 million, which beat analysts' revenue expectations of $22 million by 1.61%. Ucloudlink Group Inc's (UCL) actual earnings were $0.06 per share, which beat analysts' earnings expectations of $0.015 per share by 300%. After releasing the results, Ucloudlink Group Inc (UCL) was down by 1.38% in one day.
Ucloudlink Group Inc (UCL, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 1 analyst, the average target price for Ucloudlink Group Inc (UCL) is $9 with a high estimate of $9 and a low estimate of $9. The average target implies an upside of 614.34% from the current price of $1.26.
Based on GuruFocus estimates, the estimated GF Value for Ucloudlink Group Inc (UCL, Financial) in one year is $2.64, suggesting an upside of 109.54% from the current price of $1.26.
Based on the consensus recommendation from 1 brokerage firm, Ucloudlink Group Inc's (UCL, Financial) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
