Amtech Systems Inc expected to post earnings of 2 cents a share - Earnings Preview

Amtech Systems

06/12/2024 21:05

* Amtech Systems Inc  ASYS.OQ   ASYS.O  is expected to show
a fall
in quarterly revenue when it reports  results on December 9 for
the period ending September 30 2024
    * The Tempe Arizona-based  company is expected to report a
14.3% decrease in revenue to $23.75 million from $27.71 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.The company's guidance on August 7 2024, for
the period ended September 30, was for revenue between $22.00
million and $25.00 million.
    * ​LSEG's mean analyst estimate for Amtech Systems Inc is
for
earnings of 2 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 $5.66. ​​​

This summary was machine generated December 6 at 21:05 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)