Aehr Test Systems expected to post a loss of 4 cents a share - Earnings Preview

AEHR Test Systems

05/04/2024 21:07

* Aehr Test Systems  AEHR.OQ   AEHR.O  is expected to show a
fall
in quarterly revenue when it reports  results on April 9 for the
period ending February 29 2024
    * The Fremont California-based  company is expected to
report a
55.8% decrease in revenue to $7.609 million from $17.21 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Aehr Test Systems is for
a
loss of 4 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "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 Aehr Test
Systems
is $12.00​, above​ its last closing price of $11.51. ​​​

This summary was machine generated April 5 at 20:07 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)