Photronics Inc expected to post earnings of 45  cents a share - Earnings Preview

Photronics

22/05/2023 14:01

* Photronics Inc  PLAB.OQ   PLAB.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 24. 
    * The Brookfield Connecticut-based  company is expected to
report 
a 3.2% increase in revenue to $211 million from $204.51 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. The company's guidance on February 20
2023, for the period ended April 30, was for revenue between
$205.00 million and $215.00 million.
    * ​Refinitiv's mean analyst estimate for Photronics Inc is
for
earnings of 45 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
$23​, above​ its last closing price of $17.37. ​​​

This summary was machine generated May 22 at 13:01 GMT.  All
figures in US dollars  unless otherwise stated