Cohu Inc expected to post earnings of 23 cents a share - Earnings Preview

Cohu

13/02/2024 21:21

* Cohu Inc  COHU.OQ   COHU.O  is expected to show a fall in
quarterly revenue when it reports  results on February 15 for
the period ending December 31 2023
    * The Poway California-based  company is expected to report
a
28.4% decrease in revenue to $136.829 million from $191.11
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.The company's guidance on November
2 2023, for the period ended December 31, was for revenue
between $130.00 million and $142.00 million.
    * ​LSEG's mean analyst estimate for Cohu Inc is for earnings
of 23
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"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
$38.00​, above​ its last closing price of $34.32. ​​​

The company's guidance on November 2 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD130 million and
USD17.04 million.The company's guidance on November 2 2023 for
the period ended December 31 was for gross profit margin of
USD46%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.32        0.32       0.35      Beat    9.2
 Jun. 30 2023  0.44        0.44       0.48      Beat    10
 Mar. 31 2023  0.55        0.54       0.56      Beat    4​
 Dec. 31 2022  0.61        0.60       0.70      Beat    16.7
 ​​Sep.        0.68        0.68       0.74      Beat    8.7
 30 2022                                                
 Jun. 30 2022  0.72        0.71       0.81      Beat    13.6​
 Mar. 31 2022  0.56        0.56       0.66      Beat    17.4
 Dec. 31 2021  0.54        0.54       0.72      Beat    33.9
 This summary was machine generated February 13 at 21:21 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)