MagnaChip Semiconductor Corp reports results for the quarter ended in December - Earnings Summary

MagnaChip Semiconductor

16/02/2022 22:38

* MagnaChip Semiconductor Corp  MX.N  reported quarterly
adjusted
earnings of 31 cents​​ per share for the quarter ended in
December. The mean expectation of three analysts for the quarter
was for earnings of 28 cents per share.
    * Revenue fell 22.8% to $110.34 million from a year ago; 
analysts
expected $122.30 million. 
    * MagnaChip Semiconductor Corp's reported EPS for the
quarter was
$1.12​.
    * The mean earnings estimate of analysts had fallen by
about 15.2%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * MagnaChip Semiconductor Corp shares had fallen by 10.4%
this
quarter.
    * The company reported quarterly net income of $53.61
million.
    * Wall Street's median 12-month price target for MagnaChip
Semiconductor Corp is $29.50 
    * 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." 

This summary was machine generated February 16 at 10:38 p.m.
 ​All figures in US dollars unless otherwise stated