Emcore Corp Expected To Post Earnings Of 20 Cents A Share: Earnings Preview

EMCORE

26/11/2021 21:28

* EMCORE Corp  EMKR.OQ   EMKR.O  is expected to show a rise in
quarterly revenue when it reports  results on November 30. 
* The Alhambra California-based  company is expected to report 
a 28.8% increase in revenue to $43.175 million from $33.53
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for EMCORE Corp is for
earnings of 20 cents per share. For the same quarter last year,
the company reported earnings of 10 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "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 EMCORE Corp is
$14.5​, about 45.4% above​ its last closing price of $7.92. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2021  0.17        0.17       0.20      Beat    15.9
 Mar. 31 2021  0.11        0.11       0.17      Beat    54.5
 Dec. 31 2020  0.08        0.08       0.11      Beat    32​
 Sep. 30 2020  0.04        0.04       0.10      Beat    172.7
 ​​Jun.        -0.08       -0.09      -0.03     Beat    65.4
 30 2020                                                
 Mar. 31 2020  -0.10       -0.10      -0.13     Missed  -30​
 Dec. 31 2019  -0.19       -0.19      -0.06     Beat    68.4
 Sep. 30 2019  -0.15       -0.15      -0.27     Missed  -80
 This summary was machine generated November 26 at 21:28 GMT. 
All figures in US dollars  unless otherwise stated