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

Ichor Holdings

08/05/2024 01:51

* Ichor Holdings Ltd  ICHR.OQ  reported a quarterly adjusted
loss
of 9 cents​​ per share for the quarter ended in March, lower
than the same quarter last year, when the company reported EPS
of 38 cents.  The mean expectation of five analysts for the
quarter was for breakeven results per share. Wall Street
expected results to range from zero cents to 1 cents per share.
    * Revenue fell 10.8% to $201.38 million from a year ago;
analysts
expected $199.99 million. 
    * Ichor Holdings Ltd's reported EPS for the quarter was a
loss
of 30 cents​.
    * The company reported a quarterly loss of $8.99 million.
    * Ichor Holdings Ltd shares had risen by 1.8% this
quarter and
gained 16.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 60% 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 5 "strong buy" or "buy," no
"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 $45.00 
This summary was machine generated from LSEG data May 8 at 12:51
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
 Mar. 31 2024      0.00           -0.09          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