ACM Research Inc expected to post earnings of 17 cents a share - Earnings Preview

ACM Research

26/02/2024 15:32

* ACM Research Inc  ACMR.OQ   ACMR.O  is expected to show a
rise
in quarterly revenue when it reports  results on February 28 for
the period ending December 31 2023
    * The Fremont California-based  company is expected to
report a
37.5% increase in revenue to $149.279 million from $108.54
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for ACM Research Inc is for
earnings of 17 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "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 $25.00​, above​ its last closing price of $20.49. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.36        0.34       0.57      Beat    67.9
 Jun. 30 2023  0.13        0.12       0.48      Beat    305.4
 Mar. 31 2023  0.03        0.00       0.15      Beat    10,614
                                                        .3​
 Dec. 31 2022  0.18        0.14       0.19      Beat    31.9
 ​​Sep.        0.22        0.24       0.45      Beat    90
 30 2022                                                
 Jun. 30 2022  0.05        0.05       0.22      Beat    353​
 Mar. 31 2022  0.00        0.01       -0.01     Missed  -235.5
 Dec. 31 2021  0.24        0.21       0.27      Beat    27.1
 This summary was machine generated February 26 at 15:32 GMT. 
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)