Shimmick (SHIM) Projected to Post Quarterly Earnings on Thursday

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

Shimmick (NASDAQ:SHIM) last announced its quarterly earnings results 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). Shimmick had a negative net margin of 20.16% and a negative return on equity of 355.53%. The business had revenue of $103.55 million during the quarter, compared to analysts’ expectations of $118.90 million. During the same period last 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 Trading Up 4.5 %

Shares of SHIM opened at $1.84 on Tuesday. The company has a debt-to-equity ratio of 58.60, a current ratio of 0.80 and a quick ratio of 0.80. Shimmick has a 1-year low of $1.47 and a 1-year high of $7.05. The stock has a market cap of $62.19 million, a price-to-earnings ratio of -0.47 and a beta of 0.59. The firm has a 50 day simple moving average of $2.18 and a 200-day simple moving average of $2.38.

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.