Photronics (PLAB) got here out with quarterly earnings of $0.15 per share, consistent with the Zack
Photronics (PLAB) got here out with quarterly earnings of $0.15 per share, consistent with the Zacks Consensus Estimate. This compares to earnings of $0.18 per share a yr in the past. These figures are adjusted for non-recurring gadgets.
1 / 4 in the past, it was anticipated that this electronics imaging firm would publish earnings of $0.10 per share when it really produced earnings of $0.10, delivering no shock.
During the last 4 quarters, the corporate has surpassed consensus EPS estimates two instances.
Photronics, which belongs to the Zacks Semiconductor Tools – Photomasks business, posted revenues of $156.26 million for the quarter ended October 2019, surpassing the Zacks Consensus Estimate by 6.26%. This compares to year-ago revenues of $144.66 million. The corporate has topped consensus income estimates 3 times over the past 4 quarters.
The sustainability of the inventory’s rapid worth motion primarily based on the recently-released numbers and future earnings expectations will largely rely…