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

Photronics

24/05/2023 14:32

* Photronics Inc  PLAB.OQ  reported quarterly adjusted
earnings of
65 cents​​ per share for the quarter ended in April. The mean
expectation of two analysts for the quarter was for earnings of
45 cents per share.
    * Revenue rose 12.1% to $229.31 million from a year ago;
analysts
expected $211.00 million. 
    * Photronics Inc's reported EPS for the quarter was 65
cents​.
    * The mean earnings estimate of analysts was unchanged 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 risen by 3.8% this quarter and
gained 2.3% so far this year.
    * The company reported quarterly net income of $39.93
million.
    * Wall Street's median 12-month price target for Photronics
Inc is
$23.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
24 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Apr. 30 2023      0.45           0.65           Beat
 Jan. 31 2023      0.40           0.23           Missed
 Oct. 31 2022      0.48           0.60           Beat
 Jul. 31 2022      0.50           0.51           Beat