Shimmick (SHIM) Expected to Announce Earnings on Thursday

Shimmick (NASDAQ:SHIM) is projected 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. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Shimmick (NASDAQ:SHIM) last posted its quarterly earnings results on Thursday, March 13th. The company reported ($0.91) EPS for the quarter, missing analysts’ consensus estimates of ($0.29) by ($0.62). Shimmick had a negative return on equity of 355.53% and a negative net margin of 20.16%. The company had revenue of $103.55 million during the quarter, compared to the consensus estimate of $118.90 million. During the same period last year, the firm posted ($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 Stock Down 1.7 %

Shimmick stock opened at $1.69 on Thursday. Shimmick has a 1-year low of $1.47 and a 1-year high of $7.05. The firm has a market capitalization of $57.12 million, a price-to-earnings ratio of -0.43 and a beta of 0.59. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 58.60. The firm has a 50 day simple moving average of $2.22 and a 200 day simple moving average of $2.40.

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.