TTM Technologies Inc reports results for the quarter ended in September 30 - Earnings Summary

• TTM Technologies Inc TTMI.OQ reported quarterly adjusted earnings of 41 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 43 cents. The mean expectation of four analysts for the quarter was for earnings of 41 cents per share. Wall Street expected results to range from 40 cents to 41 cents per share.

• Revenue rose 7.7% to $616.54 million from a year ago; analysts expected $604.01 million.

• TTM Technologies Inc's reported EPS for the quarter was 14 cents​.

• The company reported quarterly net income of $14.31 million.

• TTM Technologies Inc shares had risen by 8.0% this quarter and gained 24.7% so far this year.

FORECAST CHANGES

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

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the semiconductors peer group is also "buy"

Wall Street's median 12-month price target for TTM Technologies Inc is $25.50

This summary was machine generated from LSEG data October 31 at 02:52 a.m. UTC. ​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)