Shimmick Corp reports results for the quarter ended June 30 - Earnings Summary

Shimmick

10/08/2026 22:45

Shimmick Corp SHIM.OQ reported a quarterly adjusted loss of 1 cent​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -14 cents.  The mean expectation of two analysts for the quarter was for a loss of 2 cents per share. Wall Street expected results to range from -3 cents to -1 cents per share.
Revenue fell 17% to $106.62 million from a year ago; analysts expected $121.85 million. 
Shimmick Corp's reported EPS for the quarter was a loss of 12 cents​.
The company reported a quarterly loss of $4.81 million.
Shimmick Corp shares had fallen by 3.3% this quarter and gained 51.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 233.3% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
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." 
Wall Street's median 12-month price target for Shimmick Corp is $6.50, about 32% above its last closing price of $4.42
This summary was machine generated from LSEG data August 10 at 09:45 p.m. UTC. ​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)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
-0.02
-0.01
Beat
Mar. 31 2026 
-0.06
-0.07
Missed
Dec. 31 2025 
-0.04
-0.07
Missed
Sep. 30 2025 
-0.04
-0.01
Beat