A Peek at Ultra Clean Hldgs's Future Earnings

Ultra Clean Hldgs (NASDAQ:UCTT) is set to give its latest quarterly earnings report on Monday, 2024-10-28. Here's what investors need to know before the announcement.

Analysts estimate that Ultra Clean Hldgs will report an earnings per share (EPS) of $0.32.

The market awaits Ultra Clean Hldgs's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Earnings Track Record

Last quarter the company beat EPS by $0.06, which was followed by a 1.51% increase in the share price the next day.

Here's a look at Ultra Clean Hldgs's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.26

0.13

0.12

0.10

EPS Actual

0.32

0.27

0.19

0.04

Price Change %

2.0%

3.0%

5.0%

2.0%

Market Performance of Ultra Clean Hldgs's Stock

Shares of Ultra Clean Hldgs were trading at $35.07 as of October 24. Over the last 52-week period, shares are up 49.37%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Opinions on Ultra Clean Hldgs

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Ultra Clean Hldgs.

With 1 analyst ratings, Ultra Clean Hldgs has a consensus rating of Outperform. The average one-year price target ...