Silicom Ltd reports results for the quarter ended in December - Earnings Summary

Silicom

01/02/2024 14:34

* Silicom Ltd  SILC.OQ  reported a quarterly adjusted loss
of 7
cents​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of 98
cents.  The lone analyst forecast for the quarter was for a loss
of 3 cents per share. 
    * Revenue fell 58.5% to $18.76 million from a year ago;
analysts
expected $20.00 million. 
    * Silicom Ltd shares had fallen by 5.9% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Silicom Ltd
is
$20.00 

This summary was machine generated from LSEG data February 1 at
02:33 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
 Dec. 31 2023      -0.03          -0.07          Missed
 Sep. 30 2023      0.24           0.30           Beat
 Jun. 30 2023      0.66           0.66           Met
 Mar. 31 2023      0.60           0.61           Beat