MagnaChip Semiconductor Corp expected to post a loss of 19 cents a share - Earnings Preview

Reuters
03-10
MagnaChip Semiconductor Corp <mx.n> expected to post a loss of 19 cents a share - Earnings Preview </mx.n>
  • 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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