Cohu Inc expected to post earnings of 44  cents a share - Earnings Preview

Cohu

01/08/2023 14:30

* Cohu Inc  COHU.OQ   COHU.O  is expected to show a fall in
quarterly revenue when it reports  results on August 3. 
    * The Poway California-based  company is expected to report 
a
23.2% decrease in revenue to $166.851 million from $217.23
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. The company's guidance on May
4 2023, for the period ended June 30, was for revenue between
$161.00 million and $173.00 million.
    * ​Refinitiv's mean analyst estimate for Cohu Inc is for
earnings
of 44 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
$45​,
above​ its last closing price of $43.65. ​​​

The company's guidance on May 4 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD161 million and USD31.14 million.The
company's guidance on May 4 2023 for the period ended June 30
was for gross profit margin of USD47%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.55        0.54       0.56      Beat    4
 Dec. 31 2023  0.61        0.60       0.70      Beat    16.7
 Sep. 30 2022  0.68        0.68       0.74      Beat    8.7​
 Jun. 30 2022  0.72        0.71       0.81      Beat    13.6
 ​​Mar.        0.56        0.56       0.66      Beat    17.4
 31 2022                                                
 Dec. 31 2021  0.54        0.54       0.72      Beat    33.9​
 Sep. 30 2021  0.69        0.69       0.70      Beat    1
 Jun. 30 2021  0.80        0.80       0.89      Beat    11.8
 This summary was machine generated August 1 at 13:30 GMT.  All
figures in US dollars  unless otherwise stated