MagnaChip Semiconductor Corp expected to post earnings of 24  cents a share - Earnings Preview

MagnaChip Semiconductor

29/04/2022 23:25

* MagnaChip Semiconductor Corp  MX.N   MX  is expected
to show a
fall in quarterly revenue when it reports  results on May 3. 
    * The Luxembourg Luxembourg-based   company is expected to
report 
a 14.0% decrease in revenue to $105.767 million from $123.02
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for MagnaChip
Semiconductor
Corp is for earnings of 24 cents per share. For the same quarter
last year, the company reported earnings of 22 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 $29.5​, above​ its last closing price
of $18.29. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.23        0.28       0.31      Beat    10.7
 Sep. 30 2021  0.20        0.22       0.42      Beat    87.8
 Jun. 30 2021  0.21        0.20       0.15      Missed  -23.9​
 Mar. 31 2021  0.14        0.14       0.22      Beat    61.8
 ​​Dec.        0.13        0.13       0.40      Beat    216.8
 31 2020                                                
 Sep. 30 2020  0.07        0.07       0.14      Beat    100.9​
 Jun. 30 2020  0.07        0.07       0.13      Beat    78.9
 Mar. 31 2020  0.15        0.11       0.03      Missed  -71.8
 This summary was machine generated April 29 at 22:25 GMT.  All
figures in US dollars  unless otherwise stated