Kulicke and Soffa Industries Inc reports results for the quarter - Earnings Summary

Kulicke And Soffa Industries

14/11/2024 04:12

* Kulicke and Soffa Industries Inc  KLIC.OQ  reported
quarterly
adjusted earnings of 34 cents​​ per share for the quarter ,
lower than the same quarter last year, when the company reported
EPS of 51 cents.  The mean expectation of five analysts for the
quarter was for earnings of 35 cents per share. Wall Street
expected results to range from 35 cents to 36 cents per share.
    * Revenue fell 10.4% to $181.32 million from a year ago;
analysts
expected $180.01 million. 
    * Kulicke and Soffa Industries Inc's reported EPS for the
quarter
was 22 cents​.
    * The company reported quarterly net income of $12.12
million.
    * Kulicke and Soffa Industries Inc shares had risen by 6.4%
this
quarter and lost 12.2% 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 "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the semiconductor
equipment & testing peer group is also "hold"

Wall Street's median 12-month price target for Kulicke and Soffa
Industries Inc is 47.50 
This summary was machine generated from LSEG data November 14 at
04:12 a.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      0.35           0.34           Missed
 Jun. 30 2024      0.30           0.35           Beat
 Mar. 31 2024      0.24           -0.95          Missed
 Dec. 31 2023      0.26           0.30           Beat