Ichor Holdings (ICHR) Misses Q1 Earnings and Revenue Estimates

Core Viewpoint - Ichor Holdings reported quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of$ 0.26 per share, and showing a significant decline from a loss of $0.09 per share a year ago, indicating a negative earnings surprise of -53.85% [1] Financial Performance - The company posted revenues of$ 244.47 million for the quarter ended March 2025, which was slightly below the Zacks Consensus Estimate by 0.19%, but an increase from $201.38 million in the same quarter last year [2] - Over the last four quarters, Ichor Holdings has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Stock Performance - Ichor Holdings shares have declined approximately 34.9% since the beginning of the year, contrasting with the S&P 500's decline of -3.3% [3] - The current Zacks Rank for Ichor Holdings is 5 (Strong Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is$ 0.31 on revenues of $243.93 million, and for the current fiscal year, it is$ 1.27 on revenues of $972.13 million [7] - The trend for estimate revisions ahead of the earnings release was unfavorable, which may impact future stock performance [6] Industry Context - The Electronics - Semiconductors industry, to which Ichor Holdings belongs, is currently ranked in the top 28% of over 250 Zacks industries, suggesting a relatively strong industry performance [8] - The performance of Ichor Holdings may be influenced by the overall outlook for the industry [8]