Ichor Holdings Ltd expected to post earnings of 7 cents a share - Earnings Preview

Ichor Holdings

05/02/2024 24:03

* Ichor Holdings Ltd  ICHR.OQ   ICHR.O  is expected to show
a fall
in quarterly revenue when it reports  results on February 7 for
the period ending December 31 2023
    * The Fremont California-based  company is expected to
report a
34.5% decrease in revenue to $197.5 million from $301.72 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.The company's guidance on November 6 2023,
for the period ended December 31, was for revenue between 190.00
million and 205.00 million.
    * ​LSEG's mean analyst estimate for Ichor Holdings Ltd is
for
earnings of 7 cents per share. The company's EPS guidance on
November 6 2023, for the period ended December 31, was between
-0.03 and 0.17 
    * 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 $37.00​, below​ its last closing price of $37.72. ​​​

The company's guidance on November 6 2023 for the period ended
December 31 was for gross profit margin between 13.5% and 14.5%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022  0.73        0.72       0.72      Met     -0.1
 ​​Sep.        0.99        0.99       1.22      Beat    23.6
 30 2022                                                
 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. 31 2021  0.91        0.91       0.90      Missed  -1.1
 This summary was machine generated February 5 at 00:03 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)