EMCORE Corp <EMKR.OQ> expected to post a loss of 18 cents a share - Earnings Preview
EMCORE Corp EMKR.OQ EMKR.O is expected to show a fall in quarterly revenue when it reports results on February 6 (estimated) for the period ending December 31 2024
The Alhambra California-based company is expected to report a 10.0% decrease in revenue to $21.7 million from $24.12 million a year ago, according to the estimate from one analyst, based on LSEG data.
LSEG's mean analyst estimate for EMCORE Corp is for a loss of 18 cents per share.
The one available analyst rating on the shares is "hold".
The mean earnings estimate of analysts had fallen by about 76.0% in the last three months.
Wall Street's median 12-month price target for EMCORE Corp is $3.10, above its last closing price of $3.04.
This summary was machine generated February 4 at 11:03 GMT. 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)
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