Cohu Inc expected to post earnings of 54  cents a share - Earnings Preview

Cohu

03/05/2023 03:05

* Cohu Inc  COHU.OQ   COHU.O  is expected to show a fall in
quarterly revenue when it reports  results on May 4. 
    * The Poway California-based  company is expected to report 
a
8.8% decrease in revenue to $180.296 million from $197.8 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. The company's guidance on February 16
2023, for the period ended March 31, was for revenue between
$173.00 million and $187.00 million.
    * ​Refinitiv's mean analyst estimate for Cohu Inc is for
earnings
of 54 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 had fallen by
about 2.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Cohu Inc is
$40​,
above​ its last closing price of $34.11. ​​​

The company's guidance on February 16 2023 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD173 million and USD37.4
million.The company's guidance on February 16 2023 for the
period ended March 31 was for gross profit margin of USD47.5%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  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. 31 2022  0.56        0.56       0.66      Beat    17.4
 ​​Dec.        0.54        0.54       0.72      Beat    33.9
 31 2021                                                
 Sep. 30 2021  0.69        0.69       0.70      Beat    1​
 Jun. 30 2021  0.80        0.80       0.89      Beat    11.8
 Mar. 31 2021  0.80        0.79       0.89      Beat    12.4
 This summary was machine generated May 3 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated