QuickLogic Corp expected to post a loss of 7  cents a share - Earnings Preview

QuickLogic

14/05/2021 22:43

* QuickLogic Corp  QUIK.OQ   QUIK.O  is expected to show a rise
in quarterly revenue when it reports results on May 18 .
* The San Jose, California-based company is expected to report 
 a 15.8% increase in revenue to $2.5 million from $2.16 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 7 cents per share. For the same quarter last year, the
company reported a loss of 37 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"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 28.5% above​ its last closing price of $5.72. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 31 2020  -0.30       -0.29      -0.37     Missed  -25.6
 Dec.          -0.31​      -0.31      -0.29     Beat    5.4​
 31​ 2019​                                              
 Sep. 30 2019  -0.56       -0.56      -0.42     Beat    25​
 Jun. 30 2019  -0.56       -0.56      -0.56     Met     0
 Mar. 31 2019              -0.42      -0.42     Met     0
 This summary was machine generated May 14 at 21:43 GMT.  All
figures in US dollars unless otherwise stated