Kulicke and Soffa Industries Inc expected to post earnings of 26 cents a share - Earnings Preview

Kulicke And Soffa Industries

29/01/2024 21:17

* Kulicke and Soffa Industries Inc  KLIC.OQ   KLIC.O  is
expected
to show a fall in quarterly revenue when it reports  results on
January 31 for the period ending December 31 2023
    * The  Singapore-based   company is expected to report a
2.4% decrease in revenue to $172.006 million from $176.23
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.The company's guidance on November
15 2023, for the period ended December 31, was for revenue
between $160.00 million and $180.00 million.
    * ​LSEG's mean analyst estimate for Kulicke and Soffa
Industries
Inc is for earnings of 26 cents per share. The company's EPS
guidance on November 16 2023, for the period ended December
31, was about USD0.25
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"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 Kulicke and
Soffa
Industries Inc is $58.00​, above​ its last closing price
of $53.20. ​​​

The company's guidance on November 16 2023 for the period ended
December 31 was for gross profit margin of USD47%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.43        0.43       0.51      Beat    19
 Jun. 30 2023  0.32        0.32       0.55      Beat    69.8
 Mar. 31 2023  0.26        0.26       0.38      Beat    46.2​
 Dec. 31 2022  0.26        0.24       0.37      Beat    52.6
 ​​Sep.        0.98        0.98       1.19      Beat    21.2
 30 2022                                                
 Jun. 30 2022  1.59        1.60       2.09      Beat    31​
 Mar. 31 2022  1.47        1.47       1.95      Beat    33
 Dec. 31 2021  1.91        1.90       2.19      Beat    15.1
 This summary was machine generated January 29 at 21:16 GMT.  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)