Photronics Inc expected to post earnings of 56 cents a share - Earnings Preview

Photronics

27/08/2024 14:09

* Photronics Inc  PLAB.OQ   PLAB.O  is expected to show a
rise in
quarterly revenue when it reports  results on August 29 for the
period ending July 31 2024
    * The Brookfield Connecticut-based  company is expected to
report
a 0.4% increase in revenue to $225 million from $224.21 million
a year ago, according to the estimate from one analyst, based on
LSEG data.The company's guidance on May 22 2024, for the period
ended July 31, was for revenue between $221.00 million and
$229.00 million.
    * ​LSEG's mean analyst estimate for Photronics Inc is for
earnings
of 56 cents per share. The company's EPS guidance on May 22
2024, for the period ended July 31, was between $0.53 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
$32.00​, above​ its last closing price of $23.79. ​​​

The company's guidance on May 22 2024 for the period ended July
31 was for Earnings before Interest and Taxes between USD61.88
million and USD68.7 million.The company's guidance on May 22
2024 for the period ended July 31 was for Capital Expenditures
of USD140 million.
This summary was machine generated August 27 at 13:09 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)