Ultra Clean Holdings Inc reports results for the quarter ended in March - Earnings Summary
07/05/2024 07:44
* Ultra Clean Holdings Inc UCTT.OQ reported quarterly
adjusted
earnings of 27 cents per share for the quarter ended in March,
higher than the same quarter last year, when the company
reported EPS of 17 cents. The mean expectation of
three analysts for the quarter was for earnings of 13 cents per
share. 13 cents per share.
* Revenue rose 10.2% to $477.70 million from a year ago;
analysts
expected $454.85 million.
* Ultra Clean Holdings Inc's reported EPS for the quarter
was a
loss of 21 cents.
* The company reported a quarterly loss of $9.4 million.
* Ultra Clean Holdings Inc shares had fallen by 6.5% this
quarter and gained 25.8% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 33.8%
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 $52.00
This summary was machine generated from LSEG data May 7 at 06:43
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
Mar. 31 2024 0.13 0.27 Beat
Dec. 31 2023 0.12 0.19 Beat
Sep. 30 2023 0.10 0.04 Missed
Jun. 30 2023 0.25 0.16 Missed