FormFactor Inc expected to post earnings of 21cents a share - Earnings Preview

FormFactor

24/10/2022 12:53

* FormFactor Inc  FORM.OQ   FORM.O  is expected to show a
fall in
quarterly revenue when it reports  results on October 26. 
    * The Livermore California-based  company is expected to
report  a
3.7% decrease in revenue to $183.026 million from $190.02
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. The company's guidance on
July 27 2022, for the period ended September 30, was for revenue
between $177.00 million and $189.00 million.
    * ​Refinitiv's mean analyst estimate for FormFactor Inc is
for
earnings of 21 cents per share. The company's EPS guidance on
July 27 2022, for the period ended September 30, was between
USD0.17 and USD0.25 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"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
$40​, above​ its last closing price of $26.55. ​​​

The company's guidance on July 27 2022 for the period ended
September 30 was for gross profit margin between USD37.5% and
USD40.5%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.41        0.41       0.44      Beat    7.1​
 Sep. 30 2021  0.36        0.36       0.40      Beat    11.8
 ​​Jun.        0.32        0.32       0.36      Beat    11
 30 2021                                                
 Mar. 31 2021  0.38        0.39       0.38      Missed  -1.7​
 Dec. 31 2020  0.39        0.39       0.44      Beat    12.8
 Sep. 30 2020  0.35        0.35       0.39      Beat    10.1
 This summary was machine generated October 24 at 11:53 GMT.  All
figures in US dollars  unless otherwise stated