Ichor Holdings Ltd expected to post earnings of 1 cent a share - Earnings Preview

Ichor Holdings

05/08/2023 03:47

* Ichor Holdings Ltd  ICHR.OQ   ICHR.O  is expected to show
a fall
in quarterly revenue when it reports  results on August 8. 
    * The Fremont California-based  company is expected to
report  a
45.4% decrease in revenue to $180.025 million from $329.56
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. The company's guidance on May
9 2023, for the period ended June 30, was for revenue between
$170.00 million and $190.00 million.
    * ​Refinitiv's mean analyst estimate for Ichor Holdings Ltd
is for
earnings of 1 cent per share. The company's EPS guidance on May
9 2023, for the period ended June 30, was between $-0.08 and
$0.08 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"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 $38.5​, above​ its last closing price of $36.29. ​​​

The company's guidance on May 9 2023 for the period ended June
30 was for gross profit margin between USD14.2% and USD14.5%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.27        0.27       0.38      Beat    38.6
 Dec. 31 2023  0.73        0.72       0.72      Met     -0.1
 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.        0.90        0.90       0.70      Missed  -22.3
 31 2022                                                
 Dec. 31 2021  0.91        0.91       0.90      Missed  -1.1​
 Sep. 30 2021  0.81        0.85       0.81      Missed  -4.4
 Jun. 30 2021  0.85        0.85       0.90      Beat    6
 This summary was machine generated August 5 at 02:46 GMT.  All
figures in US dollars  unless otherwise stated