Ultra Clean Holdings Inc reports results for the quarter ended in January 1 - Earnings Summary
29/10/2024 02:28
* Ultra Clean Holdings Inc UCTT.OQ reported quarterly
adjusted
earnings of 35 cents per share for the quarter ended January
1, higher than the same quarter last year, when the company
reported EPS of 4 cents. The mean expectation of four analysts
for the quarter was for earnings of 33 cents per share. Wall
Street expected results to range from 32 cents to 36 cents per
share.
* Revenue rose 24.2% to $540.40 million from a year ago;
analysts
expected $515.85 million.
* Ultra Clean Holdings Inc's reported EPS for the quarter
was a
loss of 5 cents.
* The company reported a quarterly loss of $2.3 million.
* Ultra Clean Holdings Inc shares had fallen by 10.9% this
quarter and gained 4.2% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by
about 3.2%
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 4 "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 60.00
This summary was machine generated from LSEG data October 29 at
02:28 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
Sep. 30 2024 0.33 0.35 Beat
Jun. 30 2024 0.26 0.32 Beat
Mar. 31 2024 0.13 0.27 Beat
Dec. 31 2023 0.12 0.19 Beat