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

MagnaChip Semiconductor

08/08/2022 23:05

* MagnaChip Semiconductor Corp  MX.N  reported quarterly
adjusted
earnings of 23 cents​​ per share for the quarter ended in June.
The mean expectation of three analysts for the quarter was
for earnings of 18 cents per share.
    * Revenue fell 11% to $101.38 million from a year ago;
analysts
expected $101.13 million. 
    * MagnaChip Semiconductor Corp's reported EPS for the
quarter was
a loss of 7 cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.5%
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 0.3%
this
quarter and lost 30.9% so far this year.
    * The company reported a quarterly loss of $3.34 million.
    * Wall Street's median 12-month price target for MagnaChip
Semiconductor Corp is $26.00 
    * 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 from Refinitiv data August 8
at 10:05 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.18           0.23           Beat
 Mar. 31 2022      0.24           0.28           Beat
 Dec. 31 2021      0.28           0.31           Beat
 Sep. 30 2021      0.22           0.42           Beat