Himax Technologies Inc reports results for the quarter ended September 30 - Earnings Summary

Himax Technologies

09/11/2024 12:29

* Himax Technologies Inc  HIMX.OQ  reported quarterly
adjusted
earnings of 7 cents​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of 6 cents.  The mean expectation of three analysts
for the quarter was for earnings of 3 cents per share. 
    * Revenue fell 6.8% to $222.41 million from a year ago;
analysts
expected $204.87 million. 
    * Himax Technologies Inc's reported EPS for the quarter was
7
cents​.
    * The company reported quarterly net income of $13.02
million.
    * Himax Technologies Inc shares had risen by 4.9% this
quarter and
lost 4.9% so far this year.

FORECAST CHANGES
    * 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.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the
semiconductors peer
group is also "buy"

Wall Street's median 12-month price target for Himax
Technologies Inc is 7.00 
This summary was machine generated from LSEG data November 9 at
12:29 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.03           0.07           Beat
 Jun. 30 2024      0.15           0.17           Beat
 Mar. 31 2024      0.05           0.07           Beat
 Dec. 31 2023      0.12           0.14           Beat