PREVIEW: Photronics shares edge up; results due Tues

Photronics

12/12/2022 19:27

** Shares of Photronics Inc  PLAB.O  were up 0.4% in Mon
afternoon trading ahead of the co's quarterly results due before
the bell Tues
    ** Photronics expected to show a rise in quarterly rev to
$210.00 mln from $181.29 mln a yr ago, while it is expected to
report earnings of 48c/shr vs earnings of 33c/shr in the
year-ago period, according to Refinitiv data
    ** The current average analyst rating on the stock is a
"buy," while the median 12-mo price target is $25.50, based on
Refinitiv data. The stock was last at $18.35
    ** The stock is down about 3% YTD compared with a roughly
29% decline in the Nasdaq  .IXIC  over that period
 (Reporting by Caroline Valetkevitch)
 ((caroline.valetkevitch@thomsonreuters.com))