Ichor Holdings Ltd expected to post earnings of 8  cents a share - Earnings Preview

Ichor Holdings

03/11/2023 24:03

* Ichor Holdings Ltd  ICHR.OQ   ICHR.O  is expected to show
a fall
in quarterly revenue when it reports  results 
    * The Fremont California-based  company is expected to
report  a
45.8% decrease in revenue to $192.65 million from $355.6 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data. The company's guidance on August 8 2023, for
the period ended September 30, was for revenue between 185.00
million and 200.00 million.
    * ​Refinitiv's mean analyst estimate for Ichor Holdings Ltd
is for
earnings of 8 cents per share. The company's EPS guidance on
August 8 2023, for the period ended September 30, was between
0.01 and 0.13 
    * 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 $40​, above​ its last closing price of $25.68. ​​​

The company's guidance on August 8 2023 for the period ended
September 30 was for gross profit margin between 14.7% and
14.9%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  0.99        0.99       1.22      Beat    23.6
 ​​Jun.        0.81        0.81       0.98      Beat    21.4
 30 2022                                                
 Mar. 31 2022  0.90        0.90       0.70      Missed  -22.3​
 Dec. 31 2021  0.91        0.91       0.90      Missed  -1.1
 Sep. 30 2021  0.81        0.85       0.81      Missed  -4.4
 This summary was machine generated November 3 at 00:03 GMT.  All
figures in US dollars  unless otherwise stated