Emcore Corp Reports Results For The Quarter Ended In September: Earnings Summary

EMCORE

30/11/2021 22:01

* EMCORE Corp  EMKR.OQ  reported quarterly adjusted earnings of
17 cents​​ per share for the quarter ended in September. The
mean expectation of four analysts for the quarter was
for earnings of 20 cents per share.
* Revenue rose 31.1% to $43.95 million from a year ago; 
analysts expected $43.17 million. 
* EMCORE Corp's reported EPS for the quarter was 13 cents​.
* The mean earnings estimate of analysts had risen by about 0.9%
in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* EMCORE Corp shares had risen by 0.8% this quarter and
gained 38.3% so far this year.
* The company reported quarterly net income of $5.08 million.
* Wall Street's median 12-month price target for EMCORE Corp is
$14.50 
* 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." 
This summary was machine generated November 30 at 10:01 p.m.
 ​All figures in US dollars unless otherwise stated