Shimmick (NASDAQ:SHIM) Announces Quarterly Earnings Results, Misses Estimates By $0.62 EPS

Shimmick (NASDAQ:SHIM - Get Free Report) posted its quarterly earnings data on Thursday. The company reported ($0.91) EPS for the quarter, missing analysts' consensus estimates of ($0.29) by ($0.62), RTT News reports. Shimmick had a negative net margin of 20.16% and a negative return on equity of 355.53%. The company had revenue of $103.55 million for the quarter, compared to analyst estimates of $118.90 million. During the same period in the prior year, the company earned ($0.59) EPS.

Shimmick Trading Up 1.8 %

Shares of SHIM traded up $0.03 during trading hours on Monday, hitting $1.70. The stock had a trading volume of 4,076 shares, compared to its average volume of 412,691. Shimmick has a 12-month low of $1.47 and a 12-month high of $7.05. The firm has a market cap of $57.45 million, a P/E ratio of -0.43 and a beta of 0.59. The company has a debt-to-equity ratio of 58.60, a quick ratio of 0.80 and a current ratio of 0.80. The company's fifty day simple moving average is $2.27 and its 200 day simple moving average is $2.43.

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.