For the quarter ended March 2026, Universal Display Corp. (OLED Quick QuoteOLED - Free Report) reported revenue of $142.21 million, down 14.5% over the same period last year. EPS came in at $0.76, compared to $1.35 in the year-ago quarter.

The reported revenue represents a surprise of -8.62% over the Zacks Consensus Estimate of $155.62 million. With the consensus EPS estimate being $1.13, the EPS surprise was -32.59%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Universal Display performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Revenue- Material sales: $83.75 million compared to the $85.81 million average estimate based on three analysts. The reported number represents a change of -2.8% year over year.
• Revenue- Contract research services: $4.25 million compared to the $5.68 million average estimate based on three analysts. The reported number represents a change of -35.1% year over year.
• Revenue- Royalty and license fees: $54.21 million versus the three-analyst average estimate of $64.18 million. The reported number represents a year-over-year change of -26.3%.

View all Key Company Metrics for Universal Display here>>>

Shares of Universal Display have remained unchanged over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.