Shimmick (SHIM) Projected to Post Quarterly Earnings on Monday

Shimmick (NASDAQ:SHIM - Get Free Report) will likely be announcing its Q1 2025 earnings results before the market opens on Monday, May 12th. Analysts expect Shimmick to post earnings of ($0.31) per share and revenue of $94.35 million for the quarter.

Shimmick (NASDAQ:SHIM - Get Free Report) last released its quarterly 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). Shimmick had a negative net margin of 20.16% and a negative return on equity of 355.53%. The firm had revenue of $103.55 million for the quarter, compared to analysts' expectations of $118.90 million. During the same quarter in the previous year, the business earned ($0.59) EPS. 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 SHIM traded up $0.02 during midday trading on Friday, reaching $1.41. The stock had a trading volume of 6,440 shares, compared to its average volume of 394,799. The company's 50-day moving average is $1.61 and its 200 day moving average is $2.13. The company has a market capitalization of $48.46 million, a price-to-earnings ratio of -0.36 and a beta of 0.84. Shimmick has a 12-month low of $1.30 and a 12-month high of $4.94. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 58.60.

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.