FormFactor Inc reports results for the quarter ended December 31 - Earnings Summary

FormFactor

06/02/2025 01:01

* FormFactor Inc  FORM.OQ  reported quarterly adjusted
earnings of
27 cents​​ per share for the quarter ended December 31, higher
than the same quarter last year, when the company reported EPS
of 20 cents.  The mean expectation of ten analysts for the
quarter was for earnings of 29 cents per share. Wall Street
expected results to range from 29 cents to 30 cents per share.
    * Revenue rose 12.7% to $189.48 million from a year ago;
analysts
expected $191.12 million. 
    * FormFactor Inc's reported EPS for the quarter was 12
cents​.
    * The company reported quarterly net income of $9.71
million.
    * FormFactor Inc shares had fallen by 10.0% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the semiconductor
equipment & testing peer group is also "buy"

Wall Street's median 12-month price target for FormFactor Inc is
$52.00 
This summary was machine generated from LSEG data February 6 at
01:00 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.29           0.27           Missed
 Sep. 30 2024      0.31           0.35           Beat
 Jun. 30 2024      0.31           0.35           Beat
 Mar. 31 2024      0.19           0.18           Missed