Ultra Clean Holdings Inc reports results for the quarter ended in December - Earnings Summary

Ultra Clean Holdings

23/02/2024 03:00

* Ultra Clean Holdings Inc  UCTT.OQ  reported quarterly
adjusted
earnings of 19 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of 93 cents.  The mean expectation of
three analysts for the quarter was for earnings of 12 cents per
share.  12 cents per share.
    * Revenue fell 21.5% to $444.80 million from a year ago;
analysts
expected $444.84 million. 
    * Ultra Clean Holdings Inc's reported EPS for the quarter
was a
loss of 8 cents​.
    * The company reported a quarterly loss of $3.8 million.
    * Ultra Clean Holdings Inc shares had risen by 23.6% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the semiconductor
equipment & testing peer group is also "buy"

Wall Street's median 12-month price target for Ultra Clean
Holdings Inc is $47.00 
This summary was machine generated from LSEG data February 23 at
03:00 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.12           0.19           Beat
 Sep. 30 2023      0.10           0.04           Missed
 Jun. 30 2023      0.25           0.16           Missed
 Mar. 31 2023      0.23           0.17           Missed