Intevac Inc expected to post a loss of 18 cents a share - Earnings Preview

Intevac

30/01/2023 21:49

* Intevac Inc  IVAC.OQ   IVAC.O  is expected to show a fall
in
quarterly revenue when it reports  results on February 1. 
    * The Santa Clara California-based  company is expected to
report 
a 37.2% decrease in revenue to $10 million from $15.92 million a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. The company's guidance on November 2 2022,
for the period ended December 31, was for revenue of $10.000
million.
    * ​Refinitiv's mean analyst estimate for Intevac Inc is for
a loss
of 18 cents per share. The company's EPS guidance on November 2
2022, for the period ended December 31, was between $-0.21 and
$-0.17 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"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
$7.75​, above​ its last closing price of $6.92. ​​​

The company's guidance on November 2 2022 for the period ended
December 31 was for gross profit margin between USD32% and
USD34%.
This summary was machine generated January 30 at 21:49 GMT.  All
figures in US dollars  unless otherwise stated