Ichor Holdings Ltd expected to post earnings of 27  cents a share - Earnings Preview

Ichor Holdings

06/05/2023 03:57

* Ichor Holdings Ltd  ICHR.OQ   ICHR.O  is expected to show
a fall
in quarterly revenue when it reports  results on May 9. 
    * The Fremont California-based  company is expected to
report  a
23.2% decrease in revenue to $225 million from $293.15 million a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. The company's guidance on February 7 2023,
for the period ended March 31, was for revenue between $210.00
million and $240.00 million.
    * ​Refinitiv's mean analyst estimate for Ichor Holdings Ltd
is for
earnings of 27 cents per share. The company's EPS guidance on
February 7 2023, for the period ended March 31, was between
$0.19 and $0.37 
    * 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 $28.49. ​​​

The company's guidance on February 7 2023 for the period ended
March 31 was for gross profit margin between USD15.5% and
USD16%.
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  0.73        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. 31 2022  0.90        0.90       0.70      Missed  -22.3
 ​​Dec.        0.91        0.91       0.90      Missed  -1.1
 31 2021                                                
 Sep. 30 2021  0.81        0.85       0.81      Missed  -4.4​
 Jun. 30 2021  0.85        0.85       0.90      Beat    6
 Mar. 31 2021  0.73        0.72       0.76      Beat    5.6
 This summary was machine generated May 6 at 02:57 GMT.  All
figures in US dollars  unless otherwise stated