Kulicke and Soffa Industries (KLIC) Scheduled to Post Quarterly Earnings on Wednesday

Kulicke and Soffa Industries (NASDAQ:KLIC) is scheduled to announce its earnings results after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of $0.24 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Kulicke and Soffa Industries (NASDAQ:KLIC) last posted its quarterly earnings results on Thursday, February 1st. The semiconductor company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.04. The company had revenue of $171.19 million during the quarter, compared to analyst estimates of $170.00 million. Kulicke and Soffa Industries had a net margin of 7.03% and a return on equity of 8.55%. During the same quarter in the prior year, the business earned $0.37 earnings per share. On average, analysts expect Kulicke and Soffa Industries to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Kulicke and Soffa Industries Stock Performance

KLIC opened at $46.17 on Wednesday. The firm has a market cap of $2.60 billion, a P/E ratio of 51.30 and a beta of 1.47. Kulicke and Soffa Industries has a fifty-two week low of $40.20 and a fifty-two week high of $60.20. The firm has a 50-day moving average of $48.69 and a 200 day moving average of $49.26.

Kulicke and Soffa Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 9th. Shareholders of record on Monday, March 25th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Friday, March 22nd. This represents a $0.80 dividend on an annualized basis and a yield of 1.73%. Kulicke and Soffa Industries’s dividend payout ratio is presently 88.89%.

Insiders Place Their Bets

In other Kulicke and Soffa Industries news, SVP Robert Nestor Chylak sold 8,771 shares of the stock in a transaction dated Wednesday, February 14th. The shares were sold at an average price of $48.97, for a total transaction of $429,515.87. Following the completion of the transaction, the senior vice president now owns 24,240 shares in the company, valued at $1,187,032.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

Separately, TheStreet lowered shares of Kulicke and Soffa Industries from a “b-” rating to a “c” rating in a research report on Wednesday, January 31st.

About Kulicke and Soffa Industries

Kulicke and Soffa Industries, Inc designs, manufactures, and sells capital equipment and tools used to assemble semiconductor devices. It operates through four segments: Ball Bonding Equipment, Wedge Bonding Equipment, Advanced Solutions, and Aftermarket Products and Services (APS). The company offers ball bonding equipment, wafer level bonding equipment, wedge bonding equipment; and advanced display, die-attach, and thermocompression systems and solutions, as well as tools, spares and services for equipment.