Ichor Holdings Ltd reports results for the quarter ended in December - Earnings Summary

Ichor Holdings

07/02/2024 01:00

* Ichor Holdings Ltd  ICHR.OQ  reported a quarterly adjusted
loss
of 6 cents​​ per share for the quarter ended in December, lower
than the same quarter last year, when the company reported EPS
of 72 cents.  The mean expectation of four analysts for the
quarter was for earnings of 7 cents per share.  7 cents per
share.
    * Revenue fell 32.6% to $203.48 million from a year ago;
analysts
expected $197.50 million. 
    * Ichor Holdings Ltd's reported EPS for the quarter was a
loss
of 40 cents​.
    * The company reported a quarterly loss of $11.9 million.
    * Ichor Holdings Ltd shares had risen by 12.2% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the
semiconductors peer
group is also "buy"

Wall Street's median 12-month price target for Ichor Holdings
Ltd is $37.00 
This summary was machine generated from LSEG data February 7 at
01:00 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.07           -0.06          Missed
 Sep. 30 2023      0.08           0.07           Missed
 Jun. 30 2023      0.01           0.02           Beat
 Mar. 31 2023      0.27           0.38           Beat