MagnaChip Semiconductor Corp MX.N, MX is expected to show a rise in quarterly revenue when it reports results on March 12 for the period ending December 31 2024
The Luxembourg Luxembourg-based company is expected to report a 21.1% increase in revenue to $61.567 million from $50.82 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.The company's guidance on October 30 2024, for the period ended December 31, was for revenue between $59.00 million and $64.00 million.
LSEG's mean analyst estimate for MagnaChip Semiconductor Corp is for a loss of 19 cents per share.
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 mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for MagnaChip Semiconductor Corp is $7.00, above its last closing price of $4.12.
The company's guidance on October 30 2024 for the period ended December 31 was for gross profit margin between USD21.5% and USD23.5%.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | -0.20 | -0.19 | -0.34 | Missed | -82.1 |
Jun. 30 2024 | -0.34 | -0.33 | -0.21 | Beat | 36.4 |
Mar. 31 2024 | -0.33 | -0.33 | -0.28 | Beat | 14.3 |
Dec. 31 2023 | -0.26 | -0.26 | -0.04 | Beat | 83.2 |
Sep. 30 2023 | -0.22 | -0.17 | -0.04 | Beat | 76.9 |
Jun. 30 2023 | -0.19 | -0.20 | -0.06 | Beat | 69.5 |
Mar. 31 2023 | -0.27 | -0.27 | -0.24 | Beat | 11.1 |
Dec. 31 2022 | -0.20 | -0.20 | -0.36 | Missed | -80 |
This summary was machine generated March 10 at 12:41 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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