The third quarter financial results of Photronics (NASDAQ: PLAB) will be revealed on Thursday 29th August 2024. This eagerly awaited announcement is slated to occur before market open, enabling investors and market participants to gain valuable insights into the company's financial performance.
The latest projections from financial analysts on Wall Street suggest that the company is likely to reveal an estimated $0.56 profit per share for the quarter. Additionally, the company is expected to announce revenueS of $225 million for the period.
The company's full-year performance projections, as provided by Wall Street analysts, suggest a total revenue of $878.33 million. Further, they expect the earnings per share to achieve profit of $2.1 for the fiscal year.
In the corresponding quarter of the previous year, the company's earnings report unveiled a per-share income of $0.51. Notably, the company's total revenue reached an impressive $224.21 million during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q2 2024 | $0.46 | -14.8% | 217.00 M | -5.4% |
| Q1 2024 | $0.48 | +20.0% | 216.33 M | +2.5% |
| Q4 2023 | $0.60 | 0% | 227.47 M | +8.2% |
| Q3 2023 | $0.51 | 0% | 224.21 M | +1.9% |
*Growth on year-over-year basis
The business has scheduled a conference call on 29th August 2024 at 08:30 AM eastern time to discuss Q3 financial results.
Photronics (PLAB) shares experienced a range of $23.36 to $23.90 on a day volume of 362.30 thousand shares. The stock closed Tuesday's regular trading session at $23.86, indicating a 0.29 percent increase.
