Photronics Inc expected to post earnings of 40cents a share - Earnings Preview

Photronics

20/02/2023 15:32

* Photronics Inc  PLAB.OQ   PLAB.O  is expected to show a
rise in
quarterly revenue when it reports  results on February 22. 
    * The Brookfield Connecticut-based  company is expected to
report 
a 5.9% increase in revenue to $201 million from $189.83 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. The company's guidance on December 13
2022, for the period ended January 31, was for revenue between
$203.00 million and $213.00 million.
    * ​Refinitiv's mean analyst estimate for Photronics Inc is
for
earnings of 40 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"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 Photronics
Inc is
$24.5​, above​ its last closing price of $18.02. ​​​

This summary was machine generated February 20 at 15:32 GMT. 
All figures in US dollars  unless otherwise stated