BE Semiconductor Industries (BESIY) to Announce Quarterly Earnings on Thursday

BE Semiconductor Industries (OTCMKTS:BESIY) is anticipated to issue its resultson Thursday, July 23rd. Analysts expect BE Semiconductor Industries to announce earnings of $1.30 per share and revenue of $283.9540 million for the quarter.

BE Semiconductor Industries (OTCMKTS:BESIY) last issued its earnings results on Thursday, April 23rd. The technology company reported $0.76 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.76. BE Semiconductor Industries had a return on equity of 38.42% and a net margin of 24.02%.The company had revenue of $216.51 million for the quarter, compared to the consensus estimate of $220.77 million. On average, analysts expect BE Semiconductor Industries to post $4 EPS for the current fiscal year and $7 EPS for the next fiscal year.

BE Semiconductor Industries Stock Down 1.8%

OTCMKTS BESIY opened at $253.72 on Tuesday. BE Semiconductor Industries has a 12 month low of $122.81 and a 12 month high of $374.33. The company has a current ratio of 4.74, a quick ratio of 4.17 and a debt-to-equity ratio of 1.11. The stock has a market cap of $18.40 billion, a PE ratio of 114.81 and a beta of 1.97. The stock’s 50 day moving average is $317.15 and its 200 day moving average is $255.57.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Morgan Stanley reiterated an “overweight” rating on shares of BE Semiconductor Industries in a research report on Tuesday, May 19th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of BE Semiconductor Industries in a research report on Friday, May 15th. Finally, Zacks Research downgraded shares of BE Semiconductor Industries from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. Five equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, BE Semiconductor Industries has a consensus rating of “Moderate Buy”.

BE Semiconductor Industries Company Profile

BE Semiconductor Industries NV (OTCMKTS:BESIY), commonly known as BESI, is a global supplier of assembly equipment for the semiconductor industry. The company designs, develops and manufactures capital equipment used in the back-end production of semiconductor devices, including die attach, wire bonding and flip chip packaging systems. BESI’s platforms support a wide range of applications from memory and logic chips to advanced power devices and radio-frequency modules, enabling high precision, throughput and yield in device assembly and test processes.

Founded in 1995 and headquartered in Duiven, the Netherlands, BESI went public on Euronext Amsterdam in 1999.