Ultra Clean Holdings Inc reports results for the quarter ended in June - Earnings Summary
25/07/2024 22:52
* Ultra Clean Holdings Inc UCTT.OQ reported quarterly
adjusted
earnings of 32 cents per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of 16 cents. The mean expectation of
three analysts for the quarter was for earnings of 26 cents per
share. 26 cents per share.
* Revenue rose 22.4% to $516.10 million from a year ago;
analysts
expected $490.06 million.
* Ultra Clean Holdings Inc's reported EPS for the quarter
was 42
cents.
* The company reported quarterly net income of $19.1
million.
* Ultra Clean Holdings Inc shares had fallen by 6.2% this
quarter and gained 34.7% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 2.7%
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 $55.00
This summary was machine generated from LSEG data July 25 at
09:52 p.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
Jun. 30 2024 0.26 0.32 Beat
Mar. 31 2024 0.13 0.27 Beat
Dec. 31 2023 0.12 0.19 Beat
Sep. 30 2023 0.10 0.04 Missed