Intchains Group Ltd reports results for the quarter ended September 30 - Earnings Summary

Intchains

20/11/2024 22:49

* Intchains Group Ltd  ICG.OQ  reported quarterly adjusted
earnings of 4 cents​​ per share for the quarter ended September
30.  The lone analyst forecast for the quarter was for earnings
of 5 cents per share. 
    * Revenue was $8.59 million​; analysts expected $14.32
million. 
    * Intchains Group Ltd shares had fallen by 4.9% this
quarter and
lost 65.6% so far this year.

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 1 "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 Intchains Group
Ltd is $11.00 
This summary was machine generated from LSEG data November 20 at
10:49 p.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
 Sep. 30 2024      0.05           0.04           Missed
 Jun. 30 2024      0.04           0.12           Beat
                                  -0.05