Cohu Inc expected to post a loss of 2 cents a share - Earnings Preview

Cohu

30/07/2024 03:28

* Cohu Inc  COHU.OQ   COHU.O  is expected to show a fall in
quarterly revenue when it reports  results on July 31 for the
period ending June 30 2024
    * The Poway California-based  company is expected to report
a
37.8% decrease in revenue to $105.121 million from $168.92
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.The company's guidance on May 2
2024, for the period ended June 30, was for revenue between
$99.00 million and $111.00 million.
    * ​LSEG's mean analyst estimate for Cohu Inc is for a loss
of 2
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and 1 "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 Cohu Inc is
$36.00​, above​ its last closing price of $31.86. ​​​

The company's guidance on May 2 2024 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD99 million and USD2.22 million.The
company's guidance on May 2 2024 for the period ended June 30
was for gross profit margin of USD45%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.00        -0.01      0.01      Beat    195.2
 Dec. 31 0001  0.23        0.23       0.23      Met     1.6
 Jan. 1 0001   0.32        0.32       0.35      Beat    10​
 Jun. 30 2023  0.44        0.44       0.48      Beat    10
 ​​Jan.        0.55        0.54       0.56      Beat    4
 1 0001                                                 
 Dec. 31 2022  0.61        0.60       0.70      Beat    16.7​
 Jan. 1 0001   0.68        0.68       0.74      Beat    8.7
 Jun. 30 2022  0.72        0.71       0.81      Beat    13.6
 This summary was machine generated July 30 at 02:27 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)