Intchains Group Ltd ICG.OQ reported quarterly adjusted earnings of 4 cents per share for the quarter ended September 30. The lone analyst forecast for the quarter was for earnings of 5 cents per share.
Revenue was $8.59 million; analysts expected $14.32 million.
Intchains Group Ltd shares had fallen by 4.9% this quarter and lost 65.6% 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 1 "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 Intchains Group Ltd is $11.00
This summary was machine generated from LSEG data November 20 at 10:49 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2024 | 0.05 | 0.04 | Missed |
Jun. 30 2024 | 0.04 | 0.12 | Beat |
-0.05 |
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