EMCORE Corp EMKR.OQ EMKR.O is expected to show a fall in quarterly revenue when it reports results on December 12 (estimated) for the period ending September 30 2024
The Alhambra California-based company is expected to report a 23.3% decrease in revenue to $20.525 million from $26.77 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.The company's guidance on August 6 2024, for the period ended September 30, was for revenue between $20.00 million and $22.00 million.
LSEG's mean analyst estimate for EMCORE Corp is for a loss of 12 cents per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 3 "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 EMCORE Corp is $3.10, above its last closing price of $2.99.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Jun. 30 2024 | -0.19 | -0.17 | -0.49 | Missed | -188.2 |
Mar. 31 2024 | -0.30 | -0.30 | -0.08 | Beat | 73.3 |
Dec. 31 2023 | -0.20 | -0.20 | -0.30 | Missed | -50 |
Sep. 30 2023 | -0.40 | -0.77 | -0.30 | Beat | 60.9 |
Jun. 30 2023 | -1.35 | -1.33 | -1.30 | Beat | 2.5 |
Mar. 31 2023 | -1.72 | -1.72 | -1.80 | Missed | -4.3 |
Dec. 31 2022 | -2.10 | -2.10 | -2.20 | Missed | -4.8 |
Sep. 30 2022 | -1.75 | -2.90 | Missed | -65.7 |
This summary was machine generated December 10 at 21:02 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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