Skip to main content

Market Overview

Hollysys Automation's Earnings Preview

Share:

Hollysys Automation (NASDAQ: HOLI) announces its next round of earnings this Wednesday, August 14. Here is Benzinga's everything-that-matters guide for the Q4 earnings announcement.

Earnings and Revenue

Based on management's projections, Hollysys Automation analysts model for earnings of 42 cents per share on sales of $162.75 million.

Hollysys Automation EPS in the same period a year ago totaled 46 cents. Revenue was $147.24 million. If the company were to match the consensus estimate when it reports Wednesday, EPS would have fallen 8.70%. Revenue would be up 10.53% on a year-over-year basis. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

 

Quarter Q3 2019 Q2 2019 Q1 2019 Q4 2018
EPS Estimate 0.380 0.59 0.55 0.49
EPS Actual 0.460 0.73 0.46 0.46

Stock Performance

Over the last 52-week period, shares are down 31.39%. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release. Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The average rating by analysts on Hollysys Automation stock is a Neutral. The validity of this rating has maintained conviction over the past 90 days.

Conference Call

Hollysys Automation is scheduled to hold a conference call at 9:00 p.m. ET and can be accessed here: http://hollysys.investorroom.com/index.php?s=19#future:2019:8

 

Related Articles (HOLI)

View Comments and Join the Discussion!

Posted-In: Earnings News

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com