Cohu Inc reports results for the quarter ended in December - Earnings Summary

Cohu

15/02/2024 22:53

* Cohu Inc  COHU.OQ  reported quarterly adjusted earnings of
23
cents​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of 70
cents.  The mean expectation of seven analysts for the quarter
was for earnings of 23 cents per share. Wall Street expected
results to range from 21 cents to 26 cents per share.
    * Revenue fell 28.2% to $137.23 million from a year ago;
analysts
expected $136.83 million. 
    * Cohu Inc's reported EPS for the quarter was a loss of 4
cents​.
    * The company reported a quarterly loss of $2.03 million.
    * Cohu Inc shares had fallen by 5.0% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * 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." 
    * Wall Street's median 12-month price target for Cohu Inc is
$38.00 

This summary was machine generated from LSEG data February 15 at
10:53 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.23           0.23           Met
 Sep. 30 2023      0.32           0.35           Beat
 Jun. 30 2023      0.44           0.48           Beat
 Mar. 31 2023      0.54           0.56           Beat