Skywater Technology Inc expected to post a loss of 6 cents a share - Earnings Preview

Skywater Technology

24/02/2025 14:09

* Skywater Technology Inc  SKYT.OQ   SKYT.O  is expected
to show a
fall in quarterly revenue when it reports  results on February
26 for the period ending December 31 2024
    * The Bloomington Minnesota-based  company is expected to
report a
6.3% decrease in revenue to $74.18 million from $79.15 million a
year ago, according to the mean estimate from 5 analysts, based
on LSEG data.The company's guidance on November 7 2024, for the
period ended December 31, was for revenue between $72.00 million
and $76.00 million.
    * ​LSEG's mean analyst estimate for Skywater Technology Inc
is for
a loss of 6 cents per share. The company's EPS guidance on
November 7 2024, for the period ended December 31, was between
$-0.10 and $-0.04 
    * 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 $9.68. ​​​

The company's guidance on November 7 2024 for the period ended
December 31 was for gross profit margin between USD19% and
USD23%.
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 2024  -0.02       -0.02      0.08      Beat    593.8
 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.        -0.17       -0.16      -0.04     Beat    75
 30 2023                                                
 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
 This summary was machine generated February 24 at 14:09 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)