* Kulicke and Soffa Industries Inc reported quarterly adjusted earnings of 34 cents per share for the quarter , lower than the same quarter last year, when the company reported EPS of 51 cents. The mean expectation of five analysts for the quarter was for earnings of 35 cents per share. Wall Street expected results to range from 35 cents to 36 cents per share.
* Revenue fell 10.4% to $181.32 million from a year ago; analysts expected $180.01 million.
* Kulicke and Soffa Industries Inc's reported EPS for the quarter was 22 cents.
* The company reported quarterly net income of $12.12 million.
* Kulicke and Soffa Industries Inc shares had risen by 6.4% this quarter and lost 12.2% 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 "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the semiconductor equipment & testing peer group is also "hold"
Wall Street's median 12-month price target for Kulicke and Soffa Industries Inc is 47.50 This summary was machine generated from LSEG data November 14 at 04:12 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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 0.35 0.34 Missed
Jun. 30 2024 0.30 0.35 Beat
Mar. 31 2024 0.24 -0.95 Missed
Dec. 31 2023 0.26 0.30 Beat
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