Skywater Technology Inc expected to post a loss of 13 cents a share - Earnings Preview

Skywater Technology

05/05/2025 21:52

Skywater Technology Inc SKYT.OQ SKYT.O is expected to show a fall in quarterly revenue when it reports  results on May 7 for the period ending March 31 2025

The Bloomington Minnesota-based  company is expected to report a 23.4% decrease in revenue to $61.04 million from $79.64 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.The company's guidance on February 26 2025, for the period ended March 31, was for revenue between $59.00 million and $63.00 million.

‚ÄčLSEG's mean analyst estimate for Skywater Technology Inc is for a loss of 13 cents per share. The company's EPS guidance on February 26 2025, for the period ended March 31, was between $-0.16 and $-0.10

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. ‚Äč

Wall Street's median 12-month price target for Skywater Technology Inc is $12.00‚Äč, above‚Äč its last closing price of $7.54. ‚Äč‚Äč‚Äč

The company's guidance on February 26 2025 for the period ended March 31 was for gross profit margin between USD19% and USD23%.

Previous quarterly performance (using preferred earnings measure in US dollars). ‚Äč

QUARTER ENDING
STARMINESMARTESTIMATE¬ģ
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
-0.07
-0.06
0.04
Beat
162.9
Sep. 30 2024
-0.02
-0.02
0.08
Beat
593.8
Jun. 30 2024
-0.11
-0.11
0.02
Beat
118.9‚Äč
Mar. 31 2024
-0.04
-0.05
-0.08
Missed
-68.4
‚Äč‚ÄčDec. 31 2023
-0.12
-0.12
-0.02
Beat
83.9
Sep. 30 2023
-0.17
-0.16
-0.04
Beat
75‚Äč
Jun. 30 2023
-0.12
-0.11
-0.14
Missed
-27.3
Mar. 31 2023
-0.13
-0.13
-0.06
Beat
53.1

This summary was machine generated May 5 at 20:51 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)