Intevac Inc expected to post a loss of 15 cents a share - Earnings Preview

Intevac

01/11/2022 02:06

* Intevac Inc  IVAC.OQ   IVAC.O  is expected to show a fall
in
quarterly revenue when it reports  results on November 2. 
    * The Santa Clara California-based  company is expected to
report 
a 33.9% decrease in revenue to $9.775 million from $14.79
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. The company's guidance on
August 3 2022, for the period ended September 30, was for
revenue between $9.50 million and $10.00 million.
    * ​Refinitiv's mean analyst estimate for Intevac Inc is for
a loss
of 15 cents per share. The company's EPS guidance on August 3
2022, for the period ended September 30, was between USD-0.17
and USD-0.15 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "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 Intevac Inc
is
$6.2​, above​ its last closing price of $4.47. ​​​

The company's guidance on August 3 2022 for the period ended
September 30 was for gross profit margin between USD39% and
USD40%.
This summary was machine generated November 1 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated