Axcelis Technologies Inc expected to post earnings of $1.38 a share - Earnings Preview

Axcelis Technologies

07/02/2023 01:04

* Axcelis Technologies Inc  ACLS.OQ   ACLS.O  is expected
to show
a rise in quarterly revenue when it reports  results on February
8. 
    * The Beverly Massachusetts-based  company is expected to
report 
a 20.9% increase in revenue to $248.639 million from $205.68
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. The company's guidance on
January 10 2023, for the period ended December 31, was for
revenue of 250.000 million.
    * ​Refinitiv's mean analyst estimate for Axcelis
Technologies Inc
is for earnings of $1.38 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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 Axcelis
Technologies Inc is $105​, below​ its last closing price
of $115.94. ​​​

The company's guidance on November 2 2022 for the period ended
December 31 was for Earnings before Interest and Taxes between
41 million and 45 million.The company's guidance on November 2
2022 for the period ended December 31 was for gross profit
margin between 40% and 41%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  1.13        1.13       1.21      Beat    7.3
 Jun. 30 2022  1.01        1.00       1.32      Beat    31.6
 Mar. 31 2022  0.92        0.92       1.22      Beat    32.4​
 Dec. 31 2021  0.84        0.84       1.05      Beat    24.9
 ​​Sep.        0.71        0.71       0.82      Beat    15.6
 30 2021                                                
 Jun. 30 2021  0.45        0.45       0.55      Beat    23.2​
 Mar. 31 2021  0.32        0.32       0.48      Beat    51.5
 Dec. 31 2020  0.32        0.30       0.32      Beat    5.4
 This summary was machine generated February 7 at 01:04 GMT.  All
figures in US dollars  unless otherwise stated