Ichor Hldgs Q3 2023 Adj EPS $0.07 Misses $0.08 Estimate, Sales $196.76M Beat $192.65M Estimate
Portfolio Pulse from totan@benzinga.com
Ichor Holdings (NASDAQ:ICHR) reported Q3 2023 earnings of $0.07 per share, missing the analyst consensus estimate of $0.08 by 12.5%. This is a 94.26% decrease from the same period last year. However, the company's quarterly sales of $196.76 million beat the analyst consensus estimate of $192.65 million by 2.13%, despite being a 44.67% decrease from the same period last year.
November 06, 2023 | 9:22 pm
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Ichor Holdings' Q3 2023 earnings missed estimates and decreased significantly YoY, while sales beat estimates but also decreased YoY.
Ichor Holdings' earnings miss and significant YoY decrease, along with the decrease in sales despite beating estimates, could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
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