Home Markets Earnings Estimate Forecast on AXT Inc(AXTI)

Earnings Estimate Forecast on AXT Inc(AXTI)


AXT Inc(AXTI): For the most recent quarter end, AXT Inc reported Annual Earnings of $0.07. Based on the filings, last years Annual Earnings was, $-0.07. For the most recent quarter end, AXTI reported a surprise Earnings per Share of 75% . The consensus estimate for current quarter is $0.03 and for the current fiscal year, the estimate is $0.14. For the Next fiscal year, the estimate is $0.2 based on the consensus.

AXT Inc has received $0.03 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 4 Financial Advisor in the Stock Trading Firms. Among 4 Analysts, Bottom line EPS Estimate for the current quarter is $0.02 while the top line estimate is $0.03 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 168.75%. AXT Inc reported better than expected with a surprise EPS of 75% or $0.03 during its most recent quarterly earnings. The Actual EPS was $0.07 compared to the Estimated EPS of $0.04.

AXT Inc Last issued its quarterly earnings results on Feb 22, 2017. The company reported $0.06 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.03. The company had revenue of $20.30 million for the quarter, compared to analysts expectations of $19.08 million. The companys revenue was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.04 EPS.

Company has reported several Insider transactions to the SEC, on Dec 1, 2016, Morris S Young (Chief Executive Officer) sold 11,410 shares at 5.07 per share price.On Dec 1, 2016, Robert G Ochrym (VP Business Development) sold 17,937 shares at 4.97 per share price.On Nov 23, 2016, Jesse Chen (director) sold 16,388 shares at 5.30 per share price.

AXT Inc (NASDAQ:AXTI) witnessed a decline in the market cap on Wednesday as its shares dropped 4.83% or 0.35 points. After the session commenced at $7.25, the stock reached the higher end at $7.275 while it hit a low of $6.85. With the volume soaring to 621,821 shares, the last trade was called at $6.9. The company has a 52-week high of $7.6. The company has a market cap of $225 million and there are 32,559,384 shares in outstanding. The 52-week low of the share price is $2.43.

AXT, Inc., designs, develops, manufactures and distributes high-performance compound semiconductor substrates, as well as opto-electronic semiconductor devices such as high-brightness light emitting devices, and vertical cavity surface emitting lasers.



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