Photronics Inc expected to post earnings of 53 cents a share - Earnings Preview

Photronics

11/12/2023 13:35

* Photronics Inc  PLAB.OQ   PLAB.O  is expected to show a
rise in
quarterly revenue when it reports  results on December 13 for
the period ending July 31 2023
    * The Brookfield Connecticut-based  company is expected to
report
a 6.5% increase in revenue to $224 million from $210.27 million
a year ago, according to the estimate from one analyst, based on
LSEG data.The company's guidance on September 6 2023, for the
period ended October 31, was for revenue between $222.00 million
and $232.00 million.
    * ​LSEG's mean analyst estimate for Photronics Inc is for
earnings
of 53 cents per share. The company's EPS guidance on September 6
2023, for the period ended October 31, was between $0.51 and
$0.59 
    * 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
$28.00​, above​ its last closing price of $20.88. ​​​

This summary was machine generated December 11 at 13:35 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)