Photronics Inc PLAB.OQ reported quarterly adjusted earnings of 51 cents per share for the quarter ended July 31, higher than the same quarter last year, when the company reported EPS of 44 cents. The lone analyst forecast for the quarter was for earnings of 56 cents per share.
Revenue fell 5.9% to $210.98 million from a year ago; analysts expected $225.00 million.
Photronics Inc's reported EPS for the quarter was 55 cents.
The company reported quarterly income of $34.39 million.
Photronics Inc shares had fallen by 2.4% this quarter and lost 23.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged in the last three months.
In the last 30 days, there have been earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," "hold" and "sell" or "strong sell."
The average consensus recommendation for the semiconductor equipment & testing peer group is also "buy"
Wall Street's median 12-month price target for Photronics Inc is 32.00
This summary was machine generated from LSEG data August 29 at 01:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING |
ESTIMATE |
ACTUAL |
BEAT, MET, MISSED |
Jul. 31 2024 |
0.56 |
0.51 |
Missed |
Apr. 30 2024 |
0.55 |
0.46 |
Missed |
Jan. 31 2024 |
0.49 |
0.42 |
Missed |
Oct. 31 2023 |
0.53 |
0.72 |
Beat |