* Cohu Inc is expected to show a fall in quarterly revenue when it reports results on May 2 for the period ending March 31 2024
* The Poway California-based company is expected to report a 40.3% decrease in revenue to $107.086 million from $179.37 million a year ago, according to the mean estimate from 7 analysts, based on LSEG data.The company's guidance on February 15 2024, for the period ended March 31, was for revenue between $101.00 million and $113.00 million.
* LSEG's mean analyst estimate for Cohu Inc is for a loss of 1 cent per share.
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 1 "hold" and 1 "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 Cohu Inc is $40.00, above its last closing price of $31.07.
The company's guidance on February 15 2024 for the period ended March 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of between USD101 million and USD2.26 million.The company's guidance on February 15 2024 for the period ended March 31 was for gross profit margin of USD45%. 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 0.23 0.23 0.23 Met 1.6
Sep. 30 2023 0.32 0.32 0.35 Beat 9.2
Jun. 30 2023 0.44 0.44 0.48 Beat 10
Mar. 31 2023 0.55 0.54 0.56 Beat 4
Dec. 0.61 0.60 0.70 Beat 16.7
31 2022
Sep. 30 2022 0.68 0.68 0.74 Beat 8.7
Jun. 30 2022 0.72 0.71 0.81 Beat 13.6
Mar. 31 2022 0.56 0.56 0.66 Beat 17.4
This summary was machine generated April 30 at 22:48 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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