Photronics (NASDAQ:PLAB) Updates Q1 Earnings Guidance

Photronics (NASDAQ:PLAB) updated its first quarter earnings guidance on Wednesday. The company provided earnings per share guidance of $0.43-0.49 for the period, compared to the consensus earnings per share estimate of $0.46. The company issued revenue guidance of $208-216 million, compared to the consensus revenue estimate of $210.00 million. Photronics also updated its Q1 2025 guidance to 0.430-0.490 EPS.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Photronics from a “hold” rating to a “buy” rating in a report on Saturday, September 28th.

Photronics Stock Down 2.0 %

PLAB opened at $25.32 on Wednesday. The company has a market cap of $1.60 billion, a price-to-earnings ratio of 11.15 and a beta of 1.41. Photronics has a 52-week low of $20.25 and a 52-week high of $34.16. The firm’s fifty day simple moving average is $24.30 and its two-hundred day simple moving average is $24.53.

Photronics (NASDAQ:PLAB) last posted its quarterly earnings results on Wednesday, December 11th. The semiconductor company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.07. The firm had revenue of $222.60 million for the quarter, compared to the consensus estimate of $218.00 million. Photronics had a net margin of 16.22% and a return on equity of 9.46%. The company’s revenue for the quarter was down 2.2% on a year-over-year basis. During the same period last year, the firm posted $0.60 earnings per share. On average, research analysts forecast that Photronics will post 2.08 EPS for the current year.

Photronics Company Profile

Photronics, Inc, together with its subsidiaries, engages in the manufacture and sale of photomask products and services in the United States, Taiwan, China, Korea, Europe, and internationally. It offers photomasks that are used in the manufacture of integrated circuits and flat panel displays (FPDs); and to transfer circuit patterns onto semiconductor wafers, and FDP substrates.