Ichor Holdings Ltd reports results for the quarter ended December 31 - Earnings Summary

• Ichor Holdings Ltd ICHR.OQ reported quarterly adjusted earnings of 8 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -6 cents. The mean expectation of seven analysts for the quarter was for earnings of 9 cents per share. Wall Street expected results to range from 7 cents to 10 cents per share.

• Revenue rose 14.7% to $233.29 million from a year ago; analysts expected $232.75 million.

• Ichor Holdings Ltd's reported EPS for the quarter was a loss of 12 cents​.

• The company reported a quarterly loss of $3.94 million.

• Ichor Holdings Ltd shares had fallen by 16.1% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 67.8% in the last three months.​

• In the last 30 days, seven analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the semiconductors peer group is also "buy"

Wall Street's median 12-month price target for Ichor Holdings Ltd is $40.00

This summary was machine generated from LSEG data February 5 at 01:00 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)