MagnaChip Semiconductor Corp MX.N, MX is expected to show a rise in quarterly revenue when it reports results on March 12 for the period ending December 31 2024
The Luxembourg Luxembourg-based company is expected to report a 21.1% increase in revenue to $61.567 million from $50.82 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.The company's guidance on October 30 2024, for the period ended December 31, was for revenue between $59.00 million and $64.00 million.
LSEG's mean analyst estimate for MagnaChip Semiconductor Corp is for a loss of 19 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "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 MagnaChip Semiconductor Corp is $7.00, above its last closing price of $4.12.
The company's guidance on October 30 2024 for the period ended December 31 was for gross profit margin between USD21.5% and USD23.5%.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
-0.20
-0.19
-0.34
Missed
-82.1
Jun. 30 2024
-0.34
-0.33
-0.21
Beat
36.4
Mar. 31 2024
-0.33
-0.33
-0.28
Beat
14.3
Dec. 31 2023
-0.26
-0.26
-0.04
Beat
83.2
Sep. 30 2023
-0.22
-0.17
-0.04
Beat
76.9
Jun. 30 2023
-0.19
-0.20
-0.06
Beat
69.5
Mar. 31 2023
-0.27
-0.27
-0.24
Beat
11.1
Dec. 31 2022
-0.20
-0.20
-0.36
Missed
-80
This summary was machine generated March 10 at 12:41 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)