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PLAB — Photronics News Story

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Photronics Inc reports results for the quarter ended in April - Earnings Summary

* Photronics Inc  PLAB.OQ  reported quarterly adjusted
earnings of
49 cents​​ per share for the quarter ended in April. The mean
expectation of three analysts for the quarter was for earnings
of 35 cents per share.
    * Revenue rose 28% to $204.51 million from a year ago; 
analysts
expected $192.37 million. 
    * Photronics Inc's reported EPS for the quarter was 49
cents​.
    * The mean earnings estimate of analysts had risen by
about 5% in
the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Photronics Inc shares had fallen by 11.4% this quarter and
lost 20.2% so far this year.
    * The company reported quarterly net income of $29.84
million.
    * Wall Street's median 12-month price target for Photronics
Inc is
$25.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 25 at 01:31 p.m.  ​All
figures in US dollars unless otherwise stated

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