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

• Himax Technologies Inc HIMX.OQ reported quarterly adjusted earnings of 7 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 6 cents. The mean expectation of three analysts for the quarter was for earnings of 3 cents per share.

• Revenue fell 6.8% to $222.41 million from a year ago; analysts expected $204.87 million.

• Himax Technologies Inc's reported EPS for the quarter was 7 cents​.

• The company reported quarterly net income of $13.02 million.

• Himax Technologies Inc shares had risen by 4.9% this quarter and lost 4.9% 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 2 "strong buy" or "buy," 1 "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 Himax Technologies Inc is 7.00

This summary was machine generated from LSEG data November 9 at 12:29 p.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)