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

MagnaChip Semiconductor

02/11/2022 21:42

* MagnaChip Semiconductor Corp  MX.N  reported quarterly
adjusted
earnings of 2 cents​​ per share for the quarter ended in
September. The mean expectation of three analysts for the
quarter was for a loss of 6 cents per share.
    * Revenue fell 43.9% to $71.20 million from a year ago;
analysts
expected $72.33 million. 
    * MagnaChip Semiconductor Corp's reported EPS for the
quarter was
a loss of 38 cents​.
    * The mean earnings estimate of analysts had fallen by
about 139.5% 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 0.4%
this
quarter and lost 51.4% so far this year.
    * The company reported a quarterly loss of $17.2 million.
    * Wall Street's median 12-month price target for MagnaChip
Semiconductor Corp is $21.00 
    * 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 November
2 at 09:41 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.06          0.02           Beat
 Jun. 30 2022      0.18           0.23           Beat
 Mar. 31 2022      0.24           0.28           Beat
 Dec. 31 2021      0.28           0.31           Beat