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

Photronics

22/02/2023 14:32

* Photronics Inc  PLAB.OQ  reported quarterly adjusted
earnings of
23 cents​​ per share for the quarter ended in January. The mean
expectation of two analysts for the quarter was for earnings of
40 cents per share.
    * Revenue rose 11.2% to $211.09 million from a year ago;
analysts
expected $201.00 million. 
    * Photronics Inc's reported EPS for the quarter was 23
cents​.
    * The mean earnings estimate of analysts had fallen by
about 12.6%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Photronics Inc shares had fallen by 2.6% this quarter.
    * The company reported quarterly net income of $13.99
million.
    * Wall Street's median 12-month price target for Photronics
Inc is
$24.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
22 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 31 2023      0.40           0.23           Missed
 Oct. 31 2022      0.48           0.60           Beat
 Jul. 31 2022      0.50           0.51           Beat
 Apr. 30 2022      0.35           0.49           Beat