QuickLogic Corp expected to post a loss of 15 cents a share - Earnings Preview

QuickLogic

13/08/2021 12:31

* QuickLogic Corp  QUIK.OQ   QUIK.O  is expected to show a rise
in quarterly revenue when it reports results 
* The San Jose, California-based company is expected to report 
 a 27.5% increase in revenue to $2.8 million from $2.2 million a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. 
​* Refinitiv's mean analyst estimate for QuickLogic Corp is for
a loss of 15 cents per share. For the same quarter last year,
the company reported a loss of 26 cents per share.
* 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." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for QuickLogic Corp
is $8​, about 36.5% above​ its last closing price of $5.08. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  -0.07       -0.07      -0.12     Missed  -80
 Dec. 31 2020  -0.13       -0.13      -0.15     Missed  -12.5
 Sep. 30 2020  -0.19       -0.19      -0.15     Beat    21.6​
 Jun. 30 2020  -0.24       -0.24      -0.26     Missed  -8.3
 Mar.          -0.30​      -0.29      -0.37     Missed  -25.6​
 31​ 2020​                                              
 Dec. 31 2019  -0.31       -0.31      -0.29     Beat    5.4​
 Sep. 30 2019  -0.56       -0.56      -0.42     Beat    25
 Jun. 30 2019  -0.56       -0.56      -0.56     Met     0
 This summary was machine generated August 13 at 11:31 GMT.  All
figures in US dollars unless otherwise stated