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

Cohu

03/08/2023 14:53

* Cohu Inc  COHU.OQ  reported quarterly adjusted earnings of
48
cents​​ per share for the quarter ended in June. The mean
expectation of seven analysts for the quarter was for earnings
of 44 cents per share.
    * Revenue fell 22.2% to $168.92 million from a year ago;
analysts
expected $166.85 million. 
    * Cohu Inc's reported EPS for the quarter was 22 cents​.
    * The mean earnings estimate of analysts had risen by
about 9.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Cohu Inc shares had risen by 3.0% this quarter and
gained 33.6%
so far this year.
    * The company reported quarterly net income of $10.58
million.
    * Wall Street's median 12-month price target for Cohu Inc is
$46.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 01:52 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.44           0.48           Beat
 Mar. 31 2023      0.54           0.56           Beat
 Dec. 31 2022      0.60           0.70           Beat
 Sep. 30 2022      0.68           0.74           Beat