Ichor Holdings Ltd expected to post breakeven results a share - Earnings Preview

Ichor Holdings

04/05/2024 03:15

* Ichor Holdings Ltd  ICHR.OQ   ICHR.O  is expected to show
a fall
in quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The Fremont California-based  company is expected to
report a
11.5% decrease in revenue to $199.986 million from $225.87
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.The company's guidance on February
6 2024, for the period ended March 31, was for revenue between
$190.00 million and $210.00 million.
    * ​LSEG's mean analyst estimate for Ichor Holdings Ltd is
for
breakeven results per share. The company's EPS guidance on
February 6 2024, for the period ended March 31, was between
$-0.05 and $0.05 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"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 Ichor
Holdings
Ltd is $45.00​, above​ its last closing price of $38.20. ​​​

The company's guidance on February 6 2024 for the period ended
March 31 was for gross profit margin between USD13% and
USD13.5%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.07        0.07       -0.06     Missed  -186
 Sep. 30 2023  0.08        0.08       0.07      Missed  -12.8
 Jun. 30 2023  0.01        0.01       0.02      Beat    300​
 Mar. 31 2023  0.27        0.27       0.38      Beat    38.6
 ​​Dec.        0.73        0.72       0.72      Met     -0.1
 31 2022                                                
 Sep. 30 2022  0.99        0.99       1.22      Beat    23.6​
 Jun. 30 2022  0.81        0.81       0.98      Beat    21.4
 Mar. 31 2022  0.90        0.90       0.70      Missed  -22.3
 This summary was machine generated May 4 at 02:15 GMT.  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)