Ichor Holdings (NASDAQ:ICHR) is reporting third quarter financial results on Monday 2nd November 2020, after market close.
According to analysts surveyed by Thomson Reuters, ICHR is expected to report 3Q20 income of $ 0.60 per share from revenue of $ 225.28 million.
For the full year, analysts anticipate top line of $ 895.24 million, while looking forward to income of $ 2.31 per share bottom line.
The Company Outlook
Earnings for 3Q20 are anticipated in a range of $ 0.50 ~ $ 0.70 per share, while revenues are expected in a range of $ 210.00 million ~ $ 240.00 million
Click Here For More Historical Outlooks Of Ichor Holdings
Previous Quarter Performance
Ichor Holdings reported income for the second quarter of $ 0.54 per share, from the revenue of $ 221.56 million. The quarterly earnings developed 134.78 percent compared with the same quarter last year. According to street consensus, ICHR was expected to report 2Q20 income of $ 0.43 per share from revenue of $ 197.96 million. The bottom line results beat street analysts by $ 0.11 or 25.58 percent, at the same time, top line results outshined analysts by $ 23.60 million or 11.92 percent.
Stock Performance
On Friday, shares of Ichor Holdings has traded high as $ 24.05 and has cracked $ 22.95 on the downward trend, reaching $ 23.26 with volume of 230.20 thousand shares.
According to the previous trading day, closing price of $ 23.26, representing a 73.39 % increase from the 52 week low of $ 13.68 and a 40.45 % decrease over the 52 week high of $ 39.83.
The company has a market capital of $ 533.81 million and is part of the Technology sector and Semiconductor Equipment & Materials industry.
Recent Analyst recommendations
- On 21st September 2020, upgraded by Stifel Nicolaus to Buy from Hold rating.
Conference Call
Ichor Holdings will be hosting a conference call at 4:30 PM eastern time on 2nd November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.ichorsystems.com
Ichor Holdings, Ltd. engages in the design, engineering, and manufacture of fluid delivery subsystems and components for semiconductor capital equipment. It primarily offers gas and chemical delivery subsystems that are used in the manufacturing of semiconductor devices.
