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

Photronics

06/09/2023 14:31

* Photronics Inc  PLAB.OQ  reported quarterly adjusted
earnings of
44 cents​​ per share for the quarter ended in July. The lone
analyst forecast for the quarter was for earnings of 52 cents
per share.
    * Revenue rose 1.9% to $224.21 million from a year ago;
analysts
expected $230.00 million. 
    * Photronics Inc's reported EPS for the quarter was 44
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1% 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 8.9% this quarter and
gained 39.6% so far this year.
    * The company reported quarterly net income of $26.96
million.
    * Wall Street's median 12-month price target for Photronics
Inc is
$28.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
September 6 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2023      0.52           0.44           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