Core Insights - Shimmick Corporation reported a quarterly loss of $0.01 per share, outperforming the Zacks Consensus Estimate of a loss of $0.04, and showing a significant decline from earnings of $0.72 per share a year ago, resulting in an earnings surprise of +75.00% [1] - The company achieved revenues of $141.92 million for the quarter ended September 2025, exceeding the Zacks Consensus Estimate by 18.27%, although this represents a decrease from year-ago revenues of $166.04 million [2] - Shimmick Corporation has surpassed consensus EPS estimates three times over the last four quarters, indicating a positive trend in earnings performance [2] Future Outlook - The immediate price movement of Shimmick Corporation's stock will largely depend on management's commentary during the earnings call and the sustainability of earnings expectations [3][4] - The current consensus EPS estimate for the upcoming quarter is -$0.02 on revenues of $125 million, and for the current fiscal year, it is -$0.42 on revenues of $495.5 million [7] - The estimate revisions trend for Shimmick Corporation was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6] Industry Context - The Engineering - R and D Services industry, to which Shimmick Corporation belongs, is currently ranked in the bottom 26% of over 250 Zacks industries, indicating potential challenges for stocks in this sector [8] - Amentum Holdings, another company in the same industry, is expected to report quarterly earnings of $0.59 per share, reflecting a year-over-year change of +25.5%, with revenues projected at $3.61 billion, up 63.1% from the previous year [9][10]
Shimmick Corporation (SHIM) Reports Q3 Loss, Tops Revenue Estimates