Ichor Holdings Ltd expected to post earnings of 3 cents a share - Earnings Preview

Ichor Holdings

03/08/2024 04:11

* Ichor Holdings Ltd  ICHR.OQ   ICHR.O  is expected to show
a rise
in quarterly revenue when it reports  results on August 6 for
the period ending June 30 2024
    * The Fremont California-based  company is expected to
report a
6.8% increase in revenue to $197.571 million from $185.01
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.The company's guidance on May 7
2024, for the period ended June 30, was for revenue between
$190.00 million and $205.00 million.
    * ​LSEG's mean analyst estimate for Ichor Holdings Ltd is
for
earnings of 3 cents per share. The company's EPS guidance on May
7 2024, for the period ended June 30, was between $-0.03 and
$0.09 
    * 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 $48.00​, above​ its last closing price of $29.07. ​​​

The company's guidance on May 7 2024 for the period ended June
30 was for gross profit margin between USD12.5% 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  
 Mar. 31 2024  0.00        0.00       -0.09     Missed  -4,600
 Dec. 31 2024  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.        0.27        0.27       0.38      Beat    38.6
 31 2023                                                
 Dec. 31 2022  0.73        0.72       0.72      Met     -0.1​
 Jan. 1 0001   0.99        0.99       1.22      Beat    23.6
 Jun. 30 2022  0.81        0.81       0.98      Beat    21.4
 This summary was machine generated August 3 at 03:11 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)