Photronics Inc expected to post earnings of 52 cents a share - Earnings Preview

Photronics

09/12/2024 13:33

* Photronics Inc  PLAB.OQ   PLAB.O  is expected to show a
fall in
quarterly revenue when it reports  results on December 11 for
the period ending October 31 2024
    * The Brookfield Connecticut-based  company is expected to
report
a 4.2% decrease in revenue to $218 million from $227.47 million
a year ago, according to the estimate from one analyst, based on
LSEG data.The company's guidance on August 29 2024, for the
period ended October 31, was for revenue between $213.00 million
and $221.00 million.
    * ​LSEG's mean analyst estimate for Photronics Inc is for
earnings
of 52 cents per share. The company's EPS guidance on August 29
2024, for the period ended October 31, was between $0.48 and
$0.54 
    * 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​, above​ its last closing price of $25.25. ​​​

The company's guidance on August 29 2024 for the period ended
October 31 was for Earnings before Interest and Taxes between
USD53.25 million and USD59.67 million.
This summary was machine generated December 9 at 13:32 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)