Ultra Clean Holdings Inc UCTT.OQ reported quarterly adjusted earnings of 27 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 32 cents. The mean expectation of four analysts for the quarter was for earnings of 27 cents per share.
Revenue rose 0.5% to $518.80 million from a year ago; analysts expected $500.83 million.
Ultra Clean Holdings Inc's reported EPS for the quarter was a loss of $3.58.
The company reported a quarterly loss of $162 million.
Ultra Clean Holdings Inc shares had risen by 6.2% this quarter and lost 33.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 31.2% 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 $31.00, about 22.7% above its last closing price of $23.96
This summary was machine generated from LSEG data July 28 at 09:01 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)