Himax Technologies Inc expected to post earnings of 14cents a share - Earnings Preview

Himax Technologies

08/11/2022 19:35

* Himax Technologies Inc  HIMX.OQ   HIMX.O  is expected
to show a
fall in quarterly revenue when it reports  results on November
10. 
    * The Tainan-based  company is expected to report  a
52.9% decrease in revenue to $198.333 million from $420.94
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. The company's guidance on
August 11 2022, for the period ended September 30, was for
revenue between $190.69 million and $203.19 million.
    * ​Refinitiv's mean analyst estimate for Himax Technologies
Inc is
for earnings of 14 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"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 Himax
Technologies Inc is $6.8​, above​ its last closing price
of $6.13. ​​​

The company's guidance on August 11 2022 for the period ended
September 30 was for gross profit margin between USD35.5% and
USD37.5%.
This summary was machine generated November 8 at 19:35 GMT.  All
figures in US dollars  unless otherwise stated