Skywater Technology Inc expected to post a loss of 12 cents a share - Earnings Preview
24/02/2024 02:19
* Skywater Technology Inc SKYT.OQ SKYT.O is expected
to show a
rise in quarterly revenue when it reports results on February
26 for the period ending December 31 2023
* The Bloomington Minnesota-based company is expected to
report a
15.0% increase in revenue to $74.84 million from $65.09 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.The company's guidance on November 8 2023,
for the period ended December 31, was for revenue between $74.00
million and $76.00 million.
* LSEG's mean analyst estimate for Skywater Technology Inc
is for
a loss of 12 cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"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 Skywater
Technology Inc is $12.00, above its last closing price
of $9.51.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Sep. 30 2023 -0.17 -0.16 -0.04 Beat 75
Jun. 30 2023 -0.12 -0.11 -0.14 Missed -27.3
Mar. 31 2023 -0.13 -0.13 -0.06 Beat 53.1
Dec. 31 2022 -0.11 -0.11 -0.03 Beat 73.1
Sep. -0.25 -0.25 -0.13 Beat 48.3
30 2022
Jun. 30 2022 -0.25 -0.27 -0.27 Met -0.8
Mar. 31 2022 -0.34 -0.33 -0.33 Met 0.3
Dec. 31 2021 -0.32 -0.32 -0.28 Beat 13.8
This summary was machine generated February 24 at 02:19 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)