Axcelis Technologies Inc expected to post earnings of $1.43 a share - Earnings Preview

Axcelis Technologies

04/11/2024 23:54

* Axcelis Technologies Inc  ACLS.OQ   ACLS.O  is expected
to show
a fall in quarterly revenue when it reports  results on November
6 for the period ending September 30 2024
    * The Beverly Massachusetts-based  company is expected to
report a
12.8% decrease in revenue to $255.035 million from $292.33
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.The company's guidance on July 31
2024, for the period ended September 30, was for revenue of
$255.000 million.
    * ​LSEG's mean analyst estimate for Axcelis Technologies Inc
is
for earnings of $1.43 per share. The company's EPS guidance on
July 31 2024, for the period ended September 30, was about
USD1.43
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"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 $145.00​, above​ its last closing price
of $86.09. ​​​

The company's guidance on August 1 2024 for the period ended
September 30 was for gross profit margin of USD43.5%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  1.39        1.37       1.55      Beat    13.5
 Mar. 31 2024  1.24        1.24       1.57      Beat    26.4
 Dec. 31 2023  2.05        2.02       2.15      Beat    6.5​
 Jan. 1 0001   1.73        1.73       1.99      Beat    15
 ​​Jun.        1.47        1.46       1.86      Beat    27.1
 30 2023                                                
 Mar. 31 2023  1.26        1.26       1.43      Beat    13.7​
 Dec. 31 2022  1.46        1.38       1.71      Beat    24
 Sep. 30 2022  1.13        1.13       1.21      Beat    7.3
 This summary was machine generated November 4 at 23:54 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)