Photronics reported quarterly EPS of $0.42, missing the Zacks Consensus Estimate of $0.53 by $0.11, or about 20.8%. The result was still slightly above the $0.40 per share earned a year ago, but the primary takeaway is an earnings miss versus expectations. The release is likely to pressure the stock modestly as investors digest the shortfall.
Photronics reported quarterly EPS of $0.42, missing the Zacks Consensus Estimate of $0.53 by $0.11, or about 20.8%. The result was still slightly above the $0.40 per share earned a year ago, but the primary takeaway is an earnings miss versus expectations. The release is likely to pressure the stock modestly as investors digest the shortfall.
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moderately negative
Sentiment Score
-0.34
Ticker Sentiment
