Photronics Guides Q3 EPS In Line, Revenues Above - Quick Facts

(RTTNews) - While reporting financial results for the second quarter on Wednesday, Photronics, Inc. (PLAB) provided earnings and revenue guidance for the third quarter and the full-year 2020.

For the third quarter, Photronics expects earnings in a range of $0.05 to $0.14 per share revenue between $132 million and $142 million.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $0.10 per share on revenues of $130.05 million for the quarter. Analysts' estimates typically exclude special items.

"With these milestones, we are on track to meet our 2020 targets of $630 million revenue and $0.80 earnings per share ," said Peter Kirlin, chief executive officer.