Silicom Ltd expected to post a loss of 35 cents a share - Earnings Preview

Silicom

26/07/2024 15:37

* Silicom Ltd  SILC.OQ   SILC.O  is expected to show a fall
in
quarterly revenue when it reports  results on July 29 for the
period ending June 30 2024
    * The Kfar Saba Israel-based   company is expected to report
a
60.0% decrease in revenue to $15.252 million from $38.13 million
a year ago, according to the estimate from one analyst, based on
LSEG data.The company's guidance on May 2 2024, for the period
ended June 30, was for revenue between $15.00 million and $17.00
million.
    * ​LSEG's mean analyst estimate for Silicom Ltd is for a
loss
of 35 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Silicom Ltd
is
$20.00​, above​ its last closing price of $15.94. ​​​

This summary was machine generated July 26 at 14:37 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)