Photronics Guides Q4 EPS, Revenues In Line - Quick Facts

(RTTNews) - While reporting financial results for the third quarter on Tuesday, Photronics, Inc. (PLAB) provided earnings and revenue guidance for the fourth quarter of fiscal 2019.

For the fourth quarter, Photronics expects earnings in a range of $0.11 to $0.17 per share, on revenue between $143 million and $151 million.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $0.12 per share, on revenues of $147 million for the quarter. Analysts' estimates typically exclude special items.

"We are on pace to have an outstanding year in 2019 and positioned to perform even better in 2020 and beyond," said Peter Kirlin, chief executive officer.