Street Expectation From Photronics, Inc. ($PLAB) 4Q20 Earnings?

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Photronics, Inc. (NASDAQ:PLAB) is expected to report fourth quarter earnings results, before market open, on Wednesday 9th December 2020.

Analysts polled by Thomson Reuters anticipate fourth quarter income of $ 0.15 per share.

Looking ahead, the full year income are expected at $ 0.57 per share on the revenues of $ 614.13 million.

The Company Outlook

Earnings for 4Q20 are anticipated in a range of $ 0.12 ~ $ 0.19 per share, while revenues are expected in a range of $ 148.00 million ~ $ 158.00 million

Click Here For More Historical Outlooks Of Photronics, Inc.

Previous Quarter Performance

Photronics, Inc. outlined income for the third quarter of $ 0.17 per share, from the revenue of $ 157.90 million. The quarterly earnings increased 70.00 percent compared with the same quarter last year. Street analysts expected Photronics, Inc. to report income of $ 0.15 per share on revenue of $ 150.90 million for the third quarter. The bottom line results beat street analysts by $ 0.02 or 13.33 percent, at the same time, top line results outshined analysts by $ 7.00 million or 4.64 percent.

Stock Performance

Shares of Photronics, Inc. traded up $ 0.07 or 0.53 percent on Tuesday, reaching $ 13.21 with volume of 553.20 thousand shares. Photronics, Inc. has traded high as $ 13.29 and has cracked $ 12.95 on the downward trend

According to the previous trading day, closing price of $ 13.21, representing a 58.12 % increase from the 52 week low of $ 8.31 and a 21.55 % decrease over the 52 week high of $ 16.75.

The company has a market capital of $ 867.42 million and is part of the Technology sector and Semiconductor Equipment & Materials industry.

Conference Call

Photronics, Inc. will be hosting a conference call at 8:30 AM eastern time on 9th December 2020, to discuss its 4Q20 financial results with the investment community. The participants may dial, (877) 377-7095 U.S. or (408) 774-4601 Toll Number in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.photronics.com

Photronics, Inc., together with its subsidiaries, manufactures and sells photomasks in Taiwan, Korea, the United States, Europe, and internationally. The company offers photomasks, which are high precision photographic quartz or glass plates containing microscopic images of electronic circuits for use in the manufacture of semiconductors and flat panel displays (FPDs), as well as that are used as masters to transfer circuit patterns onto semiconductor wafers and flat panel display substrates during the fabrication of integrated circuits, FPDs, and other types of electrical and optical components. It sells its products to semiconductor or FPD designers, manufacturers, and foundries, as well as to other high performance electronics manufacturers through its sales personnel and customer service representatives.