Shimmick (SHIM) Set to Announce Earnings on Monday

Shimmick (NASDAQ:SHIMGet Free Report) is set to post its quarterly earnings results after the market closes on Monday, May 13th. Analysts expect Shimmick to post earnings of ($0.37) per share for the quarter.

Shimmick (NASDAQ:SHIMGet Free Report) last posted its quarterly earnings data on Thursday, March 28th. The company reported ($0.61) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.51). The business had revenue of $138.06 million for the quarter, compared to analysts’ expectations of $159.50 million. On average, analysts expect Shimmick to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shimmick Trading Down 6.0 %

SHIM stock opened at $3.61 on Friday. Shimmick has a 1 year low of $2.15 and a 1 year high of $7.99. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.63. The stock’s 50 day moving average is $4.89.

Analyst Ratings Changes

Separately, Roth Mkm dropped their target price on Shimmick from $10.00 to $9.00 and set a “buy” rating for the company in a research report on Monday, April 1st.

Read Our Latest Stock Report on Shimmick

Shimmick Company Profile

(Get Free Report)

Shimmick Corporation provides water and other critical infrastructure solutions in the United States. The company undertakes water and wastewater treatment infrastructure; water storage and conveyance, including dams, levees, flood control systems, pump stations, and coastal protection infrastructure; and mass transit, bridges, and military infrastructure projects.

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