Ichor Holdings Sees Q4 EPS $(0.03)-$0.17 Vs $0.15 Est.; Revenue $190M-$205M Vs $200.72M Est.
Portfolio Pulse from Benzinga Newsdesk
Ichor Holdings has provided its Q4 2023 financial outlook, expecting revenue to be between $190M-$205M, compared to an estimate of $200.72M. The company also anticipates GAAP diluted EPS to be between $(0.30)-$(0.20) and non-GAAP diluted EPS to be between $(0.03)-$0.17, compared to an estimate of $0.15.
November 06, 2023 | 10:03 pm
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NEGATIVE IMPACT
Ichor Holdings' Q4 2023 outlook is lower than estimates, which could potentially impact the company's stock negatively in the short term.
Ichor Holdings' projected revenue and EPS for Q4 2023 are lower than the estimates. This could lead to a negative sentiment among investors, potentially causing a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100