Unity Software (NYSE: U) will be reporting their first-quarter financial results this evening after market close. Analysts have a consensus $139.58 12-month price target on the company, via a total of 13 analysts, with two analysts having strong buy ratings, six analysts having buy ratings, three have hold ratings and two have sell ratings. The street high comes from Wedbush with a $175 price target, and the lowest target sits at $75.
Ten analysts have revenue estimates for the first quarter. The mean revenue estimate between all 10 analysts is $216.6 million; this number has been slightly revised upwards from $214.12 million at the start of the year. The highest revenue estimate is $221 million, while the lowest is $210 million.
The analyst consensus for net income for the first quarter is ($36.55) million, this is down from the start of the year at ($32.39) million. The highest net income estimate is ($31.60) million, while the lowest is ($41) million.
Onto EBITDA estimates, there are currently only six analysts who have first-quarter EBITDA estimates. The mean is currently ($25.94) million, with this number having been revised down from ($21) million at the start of the year. The street high estimate currently sits at ($20.25) million in EBITDA and the lowest is ($35.08) million.
Analysts estimate that quarterly earnings per share will come in at ($0.12), with this number being the same since the start of the year. The street high is ($0.10) and the lowest estimate is ($0.14) per share for the quarter.
Information for this briefing was found via Sedar and Refinitiv. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.