Skywater Technology Inc expected to post a loss of 2 cents a share - Earnings Preview
06/11/2024 14:33
* Skywater Technology Inc SKYT.OQ SKYT.O is expected
to show a
rise in quarterly revenue when it reports results on November 7
for the period ending September 30 2024
* The Bloomington Minnesota-based company is expected to
report a
32.1% increase in revenue to $94.594 million from $71.62 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.The company's guidance on August 7 2024, for
the period ended September 30, was for revenue between $94.00
million and $96.00 million.
* LSEG's mean analyst estimate for Skywater Technology Inc
is for
a loss of 2 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 $9.65.
The company's guidance on August 7 2024 for the period ended
September 30 was for gross profit margin between USD15% and
USD18%.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jun. 30 2024 -0.11 -0.11 0.02 Beat 118.9
Mar. 31 2024 -0.04 -0.05 -0.08 Missed -68.4
Dec. 31 2023 -0.12 -0.12 -0.02 Beat 83.9
Sep. 30 2023 -0.17 -0.16 -0.04 Beat 75
Jun. -0.12 -0.11 -0.14 Missed -27.3
30 2023
Mar. 31 2023 -0.13 -0.13 -0.06 Beat 53.1
Jan. 1 0001 -0.11 -0.11 -0.03 Beat 73.1
Sep. 30 2022 -0.25 -0.25 -0.13 Beat 48.3
This summary was machine generated November 6 at 14:32 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)