Himax Technologies Inc expected to post earnings of 8  cents a share - Earnings Preview

Himax Technologies

09/05/2023 14:39

* Himax Technologies Inc  HIMX.OQ   HIMX.O  is expected
to show a
fall in quarterly revenue when it reports  results on May 11. 
    * The Tainan-based  company is expected to report  a
45.2% decrease in revenue to $226.132 million from $412.81
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. The company's guidance on
February 9 2023, for the period ended March 31, was for revenue
between $342.63 million and $363.27 million.
    * ​Refinitiv's mean analyst estimate for Himax Technologies
Inc is
for earnings of 8 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 $7.33​, above​ its last closing price
of $6.82. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.23        0.22       0.24      Beat    11.2
 Sep. 30 2022  0.14        0.14       0.17      Beat    21.4
 Jun. 30 2022  0.44        0.52       0.44      Missed  -15​
 Mar. 31 2022  0.69        0.69       0.70      Beat    0.5
 ​​Dec.        0.82        0.82       0.85      Beat    3.5
 31 2021                                                
 Sep. 30 2021  0.80        0.80       0.80      Met     -0.6​
 Jun. 30 2021  0.57        0.46       0.62      Beat    36.8
 Mar. 31 2021  0.36        0.35       0.38      Beat    9.7
 This summary was machine generated May 9 at 13:39 GMT.  All
figures in US dollars  unless otherwise stated