ACM Research Inc expected to post earnings of 34 cents a share - Earnings Preview

Reuters04-24

* ACM Research Inc is expected to show a rise in quarterly revenue when it reports results on April 26 for the period ending March 31 2024

* The Fremont California-based company is expected to report a 105.2% increase in revenue to $152.409 million from $74.26 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for ACM Research Inc is for earnings of 34 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for ACM Research Inc is $39.00​, above​ its last closing price of $27.39. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Dec. 31 2023 0.13 0.17 0.43 Beat 150

Sep. 30 2023 0.36 0.34 0.57 Beat 67.9

Jun. 30 2023 0.13 0.12 0.48 Beat 305.4​

Mar. 31 2023 0.03 0.00 0.15 Beat 10,614

.3

​​Dec. 0.18 0.14 0.19 Beat 31.9

31 2022

Sep. 30 2022 0.22 0.24 0.45 Beat 90​

Jun. 30 2022 0.05 0.05 0.22 Beat 353

Mar. 31 2022 0.00 0.01 -0.01 Missed -235.5

This summary was machine generated April 24 at 12:32 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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