FormFactor Inc expected to post earnings of 13  cents a share - Earnings Preview

FormFactor

02/05/2023 02:39

* FormFactor Inc  FORM.OQ   FORM.O  is expected to show a
fall in
quarterly revenue when it reports  results on May 3. 
    * The Livermore California-based  company is expected to
report  a
18.1% decrease in revenue to $161.424 million from $197.17
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. The company's guidance on
February 8 2023, for the period ended March 31, was for revenue
between $157.00 million and $167.00 million.
    * ​Refinitiv's mean analyst estimate for FormFactor Inc is
for
earnings of 13 cents per share. The company's EPS guidance on
February 8 2023, for the period ended March 31, was between
$0.09 and $0.17 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 4
"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 FormFactor
Inc is
$34.5​, above​ its last closing price of $27.34. ​​​

The company's guidance on February 8 2023 for the period ended
March 31 was for gross profit margin between USD35.5% and
USD38.5%.
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  0.03        0.03       0.05      Beat    55.2
 Sep. 30 2022  0.21        0.21       0.24      Beat    12.8
 Jun. 30 2022  0.42        0.43       0.46      Beat    7.8​
 Mar. 31 2022  0.39        0.39       0.49      Beat    24.5
 ​​Dec.        0.41        0.41       0.44      Beat    7.1
 31 2021                                                
 Sep. 30 2021  0.36        0.36       0.40      Beat    11.8​
 Jun. 30 2021  0.32        0.32       0.36      Beat    11
 Mar. 31 2021  0.38        0.39       0.38      Missed  -1.7
 This summary was machine generated May 2 at 01:39 GMT.  All
figures in US dollars  unless otherwise stated