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

Silicom

26/10/2023 14:32

* Silicom Ltd  SILC.OQ  reported quarterly adjusted earnings
of 30
cents​​ per share for the quarter ended in September. The lone
analyst forecast for the quarter was for earnings of 24 cents
per share.
    * Revenue fell 23.3% to $30.06 million from a year ago;
analysts
expected $29.77 million. 
    * The mean earnings estimate of analysts had fallen by
about 72.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Silicom Ltd shares had fallen by 14.9% this quarter and
lost 47.3% so far this year.
    * Wall Street's median 12-month price target for Silicom Ltd
is
$28.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 26 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2022      0.96           0.98           Beat