FormFactor Inc reports results for the quarter ended in June - Earnings Summary

FormFactor

28/07/2022 01:02

* FormFactor Inc  FORM.OQ  reported quarterly adjusted
earnings of
46 cents​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for earnings
of 43 cents per share.
    * Revenue rose 8.4% to $203.91 million from a year ago;
analysts
expected $203.06 million. 
    * FormFactor Inc's reported EPS for the quarter was 38
cents​.
    * 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. 
    * FormFactor Inc shares had risen by 1.7% this quarter and
lost 13.8% so far this year.
    * The company reported quarterly net income of $30.24
million.
    * Wall Street's median 12-month price target for FormFactor
Inc is
$48.00 
    * 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." 

This summary was machine generated from Refinitiv data July 28
at 12:01 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.43           0.46           Beat
 Mar. 31 2022      0.39           0.49           Beat
 Dec. 31 2021      0.41           0.44           Beat
 Sep. 30 2021      0.36           0.40           Beat