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On Thursday, August 8, Himax Technologies (NASDAQ:HIMX) will release its latest earnings report. Here is Benzinga's outlook for the company.
Earnings and Revenue
Analysts are predicting Himax Technologies will report a loss of 3 cents per share on revenue of $170.25 million.
In the same quarter last year, Himax Technologies posted EPS of 1 cent on sales of $181.37 million. Sales would be down 6.13% on a year-over-year basis. Here's how the company's EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 |
| EPS Estimate | -0.020 | 0.03 | 0.01 | 0.01 |
| EPS Actual | -0.011 | 0.05 | 0.026 | 0.01 |
Stock Performance
Over the last 52-week period, shares are down 54.53%. Given that these returns are generally negative, long-term shareholders are probably down going into this earnings release. Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. Analysts have been rating Himax Technologies stock as Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Himax Technologies is scheduled to hold a conference call at 8:30 a.m. ET and can be accessed here: https://edge.media-server.com/mmc/p/wyiecbs8
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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