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

FormFactor

27/04/2022 22:57

* FormFactor Inc  FORM.OQ  reported quarterly adjusted
earnings of
49 cents​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for earnings
of 39 cents per share.
    * Revenue rose 5.6% to $197.17 million from a year ago; 
analysts
expected $194.38 million. 
    * FormFactor Inc's reported EPS for the quarter was 38
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.5%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * FormFactor Inc shares had fallen by 15.3% this quarter and
lost 22.1% so far this year.
    * The company reported quarterly net income of $29.87
million.
    * Wall Street's median 12-month price target for FormFactor
Inc is
$50.00 
    * 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 April 27 at 09:56 p.m.  ​All
figures in US dollars unless otherwise stated