Kulicke and Soffa Industries Inc expected to post earnings of 30 cents a share - Earnings Preview

Kulicke And Soffa Industries

06/08/2024 03:06

* Kulicke and Soffa Industries Inc  KLIC.OQ   KLIC.O  is
expected
to show a fall in quarterly revenue when it reports  results on
August 7 for the period ending June 30 2024
    * The  Singapore-based   company is expected to report a
5.6% decrease in revenue to $180.136 million from $190.92
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.The company's guidance on May 1
2024, for the period ended June 30, was for revenue between
$170.00 million and $190.00 million.
    * ​LSEG's mean analyst estimate for Kulicke and Soffa
Industries
Inc is for earnings of 30 cents per share. The company's EPS
guidance on May 2 2024, for the period ended June 30, was about
USD0.3
    * 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 $53.50​, above​ its last closing price
of $41.00. ​​​

The company's guidance on May 2 2024 for the period ended June
30 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  
 Mar. 31 2024  0.24        0.24       -0.95     Missed  -492.6
 Dec. 31 2024  0.26        0.26       0.30      Beat    16.3
 Sep. 30 2023  0.43        0.43       0.51      Beat    19​
 Jun. 30 2023  0.32        0.32       0.55      Beat    69.8
 ​​Mar.        0.26        0.26       0.38      Beat    46.2
 31 2023                                                
 Dec. 31 2022  0.26        0.24       0.37      Beat    52.6​
 Sep. 30 2022  0.98        0.98       1.19      Beat    21.2
 Jun. 30 2022  1.59        1.60       2.09      Beat    31
 This summary was machine generated August 6 at 02:05 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)