FormFactor Inc expected to post earnings of 31 cents a share - Earnings Preview

FormFactor

29/10/2024 02:51

* FormFactor Inc  FORM.OQ   FORM.O  is expected to show a
rise in
quarterly revenue when it reports  results on October 30 for the
period ending January 1 0001
    * The Livermore California-based  company is expected to
report a
16.7% increase in revenue to $200.286 million from $171.58
million a year ago, according to the mean estimate from 10
analysts, based on LSEG data.The company's guidance on July 31
2024, for the period ended September 30, was for revenue between
$195.00 million and $205.00 million.
    * ​LSEG's mean analyst estimate for FormFactor Inc is for
earnings
of 31 cents per share. The company's EPS guidance on July 31
2024, for the period ended September 30, was between $0.27 and
$0.35 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"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
60.00​, above​ its last closing price of $44.07. ​​​

The company's guidance on July 31 2024 for the period ended
September 30 was for gross profit margin between USD41.5% and
USD44.5%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.31        0.31       0.35      Beat    11.8
 Mar. 31 0001  0.19        0.19       0.18      Missed  -5.4
 Dec. 31 2023  0.23        0.22       0.20      Missed  -8.2​
 Jan. 1 0001   0.17        0.17       0.22      Beat    26.8
 ​​Jun.        0.14        0.14       0.14      Met     2.6
 30 2023                                                
 Mar. 31 2023  0.13        0.13       0.16      Beat    23.4​
 Dec. 31 2022  0.03        0.03       0.05      Beat    55.2
 Jan. 1 0001   0.21                   0.24              12.8
 This summary was machine generated October 29 at 02:51 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)