ACM Research Inc expected to post earnings of 37 cents a share - Earnings Preview

ACM Research

28/10/2024 13:02

* ACM Research Inc  ACMR.OQ   ACMR.O  is expected to show a
rise
in quarterly revenue when it reports  results on October 30 for
the period ending January 1 0001
    * The Fremont California-based  company is expected to
report a
13.4% increase in revenue to $191.176 million from $168.57
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 37 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," no
"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 35.00​, above​ its last closing price of $19.52. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.41        0.35       0.55      Beat    57.1
 Mar. 31 2024  0.35        0.33       0.52      Beat    58.3
 Jan. 1 0001   0.13        0.17       0.43      Beat    150​
 Sep. 30 2023  0.36        0.34       0.57      Beat    67.9
 ​​Jun.        0.13        0.12       0.48      Beat    305.4
 30 2023                                                
 Mar. 31 2023  0.03        0.00       0.15      Beat    10,614
                                                        .3​
 Jan. 1 0001   0.18        0.14       0.19      Beat    31.9
 Sep. 30 2022  0.22        0.24       0.45      Beat    90
 This summary was machine generated October 28 at 13:02 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)