FormFactor (FORM) Set to Announce Quarterly Earnings on Wednesday
FormFactor (NASDAQ:FORM) is set to announce its Q114 earnings results on Wednesday, April 30th. Analysts expect the company to announce earnings of ($0.10) per share and revenue of $54.44 million for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.
FormFactor (NASDAQ:FORM) last issued its quarterly earnings data on Wednesday, February 5th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by $0.22. The company had revenue of $48.55 million for the quarter, compared to the consensus estimate of $48.03 million. During the same quarter in the previous year, the company posted ($0.25) earnings per share. The company’s revenue for the quarter was up 1.9% on a year-over-year basis. On average, analysts expect FormFactor to post $0.10 EPS for the current fiscal year and $0.55 EPS for the next fiscal year.
Shares of FormFactor (NASDAQ:FORM) opened at 5.79 on Tuesday. FormFactor has a 52-week low of $4.73 and a 52-week high of $7.75. The stock has a 50-day moving average of $6.43 and a 200-day moving average of $6.15. The company’s market cap is $320.7 million.
Several analysts have recently commented on the stock. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of FormFactor in a research note on Tuesday, April 22nd. They now have a $6.50 price target on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of FormFactor in a research note on Friday, February 7th. They now have a $6.75 price target on the stock. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. FormFactor currently has an average rating of “Hold” and an average target price of $8.06.
FormFactor, Inc designs, develops, manufactures, sells and supports precision, semiconductor wafer probe card products and solutions.
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