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

FormFactor

26/10/2022 21:36

* FormFactor Inc  FORM.OQ  reported quarterly adjusted
earnings of
24 cents​​ per share for the quarter ended in September. The
mean expectation of eight analysts for the quarter was
for earnings of 21 cents per share.
    * Revenue fell 4.8% to $180.87 million from a year ago;
analysts
expected $183.03 million. 
    * FormFactor Inc's reported EPS for the quarter was 6
cents​.
    * The mean earnings estimate of analysts had fallen by
about 48.5%
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 6.9% this quarter and
lost 41.4% so far this year.
    * The company reported quarterly net income of $4.35
million.
    * Wall Street's median 12-month price target for FormFactor
Inc is
$40.00 
    * 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 October
26 at 08:36 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.21           0.24           Beat
 Jun. 30 2022      0.43           0.46           Beat
 Mar. 31 2022      0.39           0.49           Beat
 Dec. 31 2021      0.41           0.44           Beat