On Thursday, KMG Chemicals (NYSE: KMG) will report its last quarter's earnings. Here is Benzinga's take on the company's release.
Earnings and Revenue
KMG Chemicals earnings will be near 72 cents per share on sales of $112.57 million, according to analysts.
In the same quarter last year, KMG Chemicals reported EPS of 57 cents on revenue of $79 million. The Wall Street estimate would represent a 26.32 percent increase in the company's earnings. Revenue would be up 42.37 percent from the same quarter last year.
Here's how the company's reported EPS has stacked up against analyst estimates in the past:
|Quarter||Q1 2018||Q4 2017||Q3 2017||Q2 2017|
Over the last 52-week period, shares are up 60.93 percent. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.
Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. Analysts seem to have settled on a Sell rating with KMG Chemicals. The strength of this rating has maintained conviction over the past three months.
The KMG Chemicals's Q2 conference call is scheduled to begin at 4:00 p.m. ET and can be accessed here.
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