ACM Research Inc expected to post breakeven results a share - Earnings Preview

ACM Research

03/05/2023 19:31

* ACM Research Inc  ACMR.OQ   ACMR.O  is expected to show a
rise
in quarterly revenue when it reports  results on May 5. 
    * The Fremont California-based  company is expected to
report  a
72.6% increase in revenue to $72.797 million from $42.19 million
a year ago, according to the mean estimate from 7 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for ACM Research Inc is
for
breakeven results per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for ACM
Research Inc
is $15​, above​ its last closing price of $9.19. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.18        0.14       0.19      Beat    31.9
 Sep. 30 2022  0.22        0.24       0.45      Beat    90
 Jun. 30 2022  0.05        0.05       0.22      Beat    353​
 Mar. 31 2022  0.00        0.01       -0.01     Missed  -235.5
 ​​Dec.        0.24        0.21       0.27      Beat    27.1
 31 2021                                                
 Sep. 30 2021  0.13        0.13       0.19      Beat    42.8​
 Jun. 30 2021  0.10        0.10       0.06      Missed  -35.4
 Mar. 31 2021  0.06        0.07       0.12      Beat    74.3
 This summary was machine generated May 3 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated