Enovix Corp expected to post a loss of 21 cents a share - Earnings Preview

Enovix

25/04/2023 03:03

* Enovix Corp  ENVX.OQ   ENVX.O  is expected to show a rise
in
quarterly revenue when it reports  results on April 26. 
    * The Fremont California-based  company is expected to
report
revenue of $41.25 thousand, according to the mean estimate from
12 analysts, based on Refinitiv data.  
    * ​Refinitiv's mean analyst estimate for Enovix Corp is for
a loss
of 21 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "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 Enovix Corp
is
$20​, above​ its last closing price of $13.25. ​​​

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  -0.16       -0.16      -0.19     Missed  -17.3
 Sep. 30 2022  -0.16       -0.16      -0.15     Beat    4.8
 Jun. 30 2022  -0.19       -0.18      -0.13     Beat    26.1​
 Mar. 31 2022  -0.15       -0.16      -0.13     Beat    17.5
 ​​Dec.        -0.14       -0.15      -0.18     Missed  -23.3
 31 2021                                                
 Sep. 30 2021  -0.09       -0.09      -0.08     Beat    15.8​
 This summary was machine generated April 25 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated