Shimmick (SHIM) Expected to Announce Quarterly Earnings on Thursday

Shimmick (NASDAQ:SHIM) is anticipated to release its earnings data before the market opens on Thursday, March 27th. Analysts expect Shimmick to post earnings of ($0.29) per share and revenue of $118.90 million for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Shimmick (NASDAQ:SHIM) last issued its quarterly earnings data on Thursday, March 13th. The company reported ($0.91) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.29) by ($0.62). The company had revenue of $103.55 million for the quarter, compared to the consensus estimate of $118.90 million. Shimmick had a negative return on equity of 355.53% and a negative net margin of 20.16%. During the same period in the prior year, the company earned ($0.59) EPS. On average, analysts expect Shimmick to post $-2 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Shimmick Price Performance

Shares of NASDAQ SHIM opened at $1.80 on Wednesday. The firm has a market cap of $60.83 million, a PE ratio of -0.46 and a beta of 0.59. The company has a fifty day moving average price of $2.16 and a 200 day moving average price of $2.37. Shimmick has a 1-year low of $1.47 and a 1-year high of $7.04. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 58.60.

Shimmick Company Profile

Shimmick Corporation provides water and other critical infrastructure solutions in the United States. The company undertakes water and wastewater treatment infrastructure; water storage and conveyance, including dams, levees, flood control systems, pump stations, and coastal protection infrastructure; and mass transit, bridges, and military infrastructure projects.