Axcelis Technologies Inc expected to post earnings of $1.73 a share - Earnings Preview

Axcelis Technologies

30/10/2023 23:11

* Axcelis Technologies Inc  ACLS.OQ   ACLS.O  is expected
to show
a rise in quarterly revenue when it reports  results 
    * The Beverly Massachusetts-based  company is expected to
report 
a 22.3% increase in revenue to $280.237 million from $229.18
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. The company's guidance on
August 2 2023, for the period ended September 30, was for
revenue of 280.000 million.
    * ​Refinitiv's mean analyst estimate for Axcelis
Technologies Inc
is for earnings of $1.73 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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 $225​, above​ its last closing price
of $126.27. ​​​

The company's guidance on August 2 2023 for the period ended
September 30 was for Earnings before Interest and Taxes of 64
million.The company's guidance on August 2 2023 for the period
ended September 30 was for gross profit margin of 44%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  1.47        1.46       1.86      Beat    27.1
 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
 ​​Jun.        1.01        1.00       1.32      Beat    31.6
 30 2022                                                
 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. 30 2021  0.71        0.71       0.82      Beat    15.6
 This summary was machine generated October 30 at 23:10 GMT.  All
figures in US dollars  unless otherwise stated