Photronics Inc expected to post earnings of 49 cents a share - Earnings Preview

Photronics

19/02/2024 14:05

* Photronics Inc  PLAB.OQ   PLAB.O  is expected to show a
rise in
quarterly revenue when it reports  results on February 21 for
the period ending January 31 2024
    * The Brookfield Connecticut-based  company is expected to
report
a 4.2% increase in revenue to $220 million from $211.09 million
a year ago, according to the estimate from one analyst, based on
LSEG data.The company's guidance on December 13 2023, for the
period ended January 31, was for revenue between $217.00 million
and $225.00 million.
    * ​LSEG's mean analyst estimate for Photronics Inc is for
earnings
of 49 cents per share. The company's EPS guidance on December 13
2023, for the period ended January 31, was between $0.45 and
$0.53 
    * The one available analyst rating on the shares is "buy".  
    * 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
$32.00​, below​ its last closing price of $33.42. ​​​

This summary was machine generated February 19 at 14:05 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)