Shimmick Corp expected to post a loss of 2 cents a share - Earnings Preview
Shimmick Corp <SHIM.OQ> expected to post a loss of 2 cents a share - Earnings Preview
Shimmick Corp SHIM.OQ SHIM.O is expected to show a fall in quarterly revenue when it reports results on August 10 for the period ending June 30 2026
The Irvine California-based company is expected to report a 5.1% decrease in revenue to $121.85 million from $128.4 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.
LSEG's mean analyst estimate for Shimmick Corp is for a loss of 2 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "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 Shimmick Corp is $6.50, about 47.1% above its last closing price of $4.42
This summary was machine generated August 7 at 22:40 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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Shimmick Corp expected to post a loss of 2 cents a share - Earnings Preview