Photronics (NASDAQ:PLAB) will release its quarterly earnings report on Wednesday, 2024-12-11. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Photronics to report an earnings per share (EPS) of $0.52.
Photronics bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Performance in Previous Earnings
Last quarter the company missed EPS by $0.05, which was followed by a 3.77% increase in the share price the next day.
Here's a look at Photronics's past performance and the resulting price change:
| Quarter | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.56 | 0.55 | 0.49 | 0.53 |
| EPS Actual | 0.51 | 0.46 | 0.48 | 0.60 |
| Price Change % | 4.0% | -2.0% | -0.0% | 11.0% |
Tracking Photronics's Stock Performance
Shares of Photronics were trading at $25.83 as of December 09. Over the last 52-week period, shares are down 1.56%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
To track all earnings releases for Photronics visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
