Valens Semiconductor Ltd expected to post a loss of 5 cents a share - Earnings Preview

Valens Semiconductor

07/08/2023 17:08

* Valens Semiconductor Ltd  VLN.N   VLN  is expected to show
a
rise in quarterly revenue when it reports  results on August 9. 
    * The Hod Hasharon Israel-based   company is expected to
report  a
6.6% increase in revenue to $23.97 million from $22.48 million a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. The company's guidance on May 10 2023, for
the period ended June 30, was for revenue between $23.90 million
and $24.10 million.
    * ​Refinitiv's mean analyst estimate for Valens
Semiconductor Ltd
is for a loss of 5 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 5 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Valens
Semiconductor Ltd is $5​, above​ its last closing price
of $2.52. ​​​

The company's guidance on May 10 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between 23.9 million and -3.7 million (USD).The
company's guidance on May 10 2023 for the period ended June 30
was for gross profit margin between USD61% and USD62%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.07       -0.07      -0.03     Beat    57.4
 Dec. 31 2023  -0.09       -0.11      -0.03     Beat    71.9
 Sep. 30 2022  -0.08       -0.08      -0.02     Beat    74.9​
 Jun. 30 2022  -0.09       -0.09      -0.04     Beat    56.4
 ​​Mar.        -0.10       -0.10      -0.02     Beat    80.6
 31 2022                                                
 Dec. 31 2021  -0.08       -0.07      -0.08     Missed  -22.5​
 Sep. 30 2021  -0.05       -0.05      -0.19     Missed  -251.9
 This summary was machine generated August 7 at 16:08 GMT.  All
figures in US dollars  unless otherwise stated