BE Semiconductor Industries (BESIY) Projected to Post Earnings on Thursday

BE Semiconductor Industries (OTCMKTS:BESIY) will likely be releasing its results before the market opens on Thursday, October 23rd. Analysts expect BE Semiconductor Industries to post earnings of $0.31 per share for the quarter.

BE Semiconductor Industries (OTCMKTS:BESIY) last posted its quarterly earnings data on Thursday, July 24th. The technology company reported $0.45 earnings per share for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.04). BE Semiconductor Industries had a net margin of 28.10% and a return on equity of 36.83%. The firm had revenue of $173.78 million for the quarter, compared to the consensus estimate of $150.33 million.

BE Semiconductor Industries Trading Down 0.5%

BESIY stock opened at $166.45 on Wednesday. The company has a current ratio of 5.73, a quick ratio of 5.05 and a debt-to-equity ratio of 1.47. BE Semiconductor Industries has a twelve month low of $88.02 and a twelve month high of $174.45. The firm’s fifty day simple moving average is $146.22 and its two-hundred day simple moving average is $134.77.

Wall Street Analyst Weigh In

BESIY has been the topic of a number of analyst reports. Zacks Research upgraded shares of BE Semiconductor Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 14th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of BE Semiconductor Industries in a research report on Wednesday, October 15th. Finally, Barclays cut shares of BE Semiconductor Industries from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 3rd. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, BE Semiconductor Industries presently has an average rating of “Moderate Buy”.

About BE Semiconductor Industries

BE Semiconductor Industries N.V. engages in the development, manufacture, marketing, sale, and service of semiconductor assembly equipment for the semiconductor and electronics industries in China, the United States, Malaysia, Ireland, Korea, Taiwan, Thailand, Other Asia Pacific and Europe, and internationally.