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PLAB — Photronics News Story

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

* Photronics Inc  PLAB.OQ  reported quarterly adjusted
earnings of
51 cents​​ per share for the quarter ended in July. The mean
expectation of three analysts for the quarter was for earnings
of 50 cents per share.
    * Revenue rose 28.9% to $219.95 million from a year ago;
analysts
expected $210.00 million. 
    * Photronics Inc's reported EPS for the quarter was 51
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 11.8% this quarter and
gained 15.5% so far this year.
    * The company reported quarterly net income of $31.23
million.
    * Wall Street's median 12-month price target for Photronics
Inc is
$27.00 
    * 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 from Refinitiv data August 30
at 01:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2022      0.50           0.51           Beat
 Apr. 30 2022      0.35           0.49           Beat
 Jan. 31 2022      0.31           0.38           Beat
 Oct. 31 2021      0.25           0.33           Beat

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