Amtech Systems Inc expected to post a loss of 6 cents a share - Earnings Preview

Amtech Systems

06/08/2024 03:07

* Amtech Systems Inc  ASYS.OQ   ASYS.O  is expected to show
a fall
in quarterly revenue when it reports  results on August 7 for
the period ending June 30 2024
    * The Tempe Arizona-based  company is expected to report a
21.4% decrease in revenue to $24.15 million from $30.74 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.The company's guidance on May 8 2024, for the
period ended June 30, was for revenue between $22.00 million and
$25.00 million.
    * ​LSEG's mean analyst estimate for Amtech Systems Inc is
for a
loss of 13 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 Amtech
Systems
Inc is $6.00​, above​ its last closing price of $5.45. ​​​

This summary was machine generated August 6 at 02:06 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)