Shimmick (SHIM) Projected to Post Earnings on Thursday

Shimmick (NASDAQ:SHIM - Get Free Report) will likely be issuing its quarterly earnings data before the market opens on Thursday, March 27th. Analysts expect the company to announce earnings of ($0.29) per share and revenue of $118.90 million for the quarter. Parties interested in listening to the company's conference call can do so using this link.

Shimmick (NASDAQ:SHIM - Get Free Report) last released its earnings results on Thursday, March 13th. The company reported ($0.91) earnings per share for the quarter, missing analysts' consensus estimates of ($0.29) by ($0.62). The company had revenue of $103.55 million for the quarter, compared to the consensus estimate of $118.90 million. Shimmick had a negative net margin of 20.16% and a negative return on equity of 355.53%. During the same quarter in the previous year, the company posted ($0.59) earnings per share. On average, analysts expect Shimmick to post $-2 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Shimmick Price Performance

Shares of NASDAQ:SHIM traded up $0.09 during trading on Friday, reaching $1.76. 28,303 shares of the company traded hands, compared to its average volume of 414,099. The company's 50 day moving average is $2.19 and its two-hundred day moving average is $2.38. The firm has a market capitalization of $59.48 million, a PE ratio of -0.45 and a beta of 0.59. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 58.60. Shimmick has a 52 week low of $1.47 and a 52 week high of $7.05.

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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.