Amtech Systems Inc expected to post earnings of 3  cents a share - Earnings Preview

Amtech Systems

08/08/2023 03:04

* Amtech Systems Inc  ASYS.OQ   ASYS.O  is expected to show
a rise
in quarterly revenue when it reports  results on August 9. 
    * The Tempe Arizona-based  company is expected to report  a
64.5% increase in revenue to $32.85 million from $19.96 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. The company's guidance on May 10 2023,
for the period ended June 30, was for revenue between $31.00
million and $33.00 million.
    * ​Refinitiv's mean analyst estimate for Amtech Systems Inc
is for
earnings of 3 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "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 Amtech
Systems
Inc is $13​, above​ its last closing price of $10.70. ​​​

This summary was machine generated August 8 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated