Shimmick (SHIM) to Release Earnings on Thursday

Key Points

• Shimmick is set to announce its Q2 2025 earnings on August 14th, with analysts predicting a loss of ($0.16) per share and revenue of $113.20 million.
• In the previous quarter, Shimmick reported a loss of ($0.22) EPS, exceeding consensus estimates and achieving $122 million in revenue.
• Insiders, including Director Mitchell B. Goldsteen, have sold a total of 210,769 shares in the last quarter, reducing their ownership to 67.10% of the company.

Shimmick (NASDAQ:SHIM - Get Free Report) is expected to be releasing its Q2 2025 earnings data after the market closes on Thursday, August 14th. Analysts expect Shimmick to post earnings of ($0.16) per share and revenue of $113.20 million for the quarter. Shimmick has set its FY 2025 guidance at EPS.

Shimmick (NASDAQ:SHIM - Get Free Report) last released its quarterly earnings results on Wednesday, May 14th. The company reported ($0.22) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.31) by $0.09. The firm had revenue of $122.00 million for the quarter, compared to the consensus estimate of $94.35 million. Shimmick had a negative return on equity of 9,647.06% and a negative net margin of 20.98%. During the same period last year, the business posted ($1.15) EPS. On average, analysts expect Shimmick to post $-2 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Shimmick Stock Performance

Shares of SHIM stock traded up $0.12 on Friday, reaching $1.87. The stock had a trading volume of 13,011 shares, compared to its average volume of 96,240. The stock has a market cap of $65.95 million, a P/E ratio of -0.57 and a beta of 0.82. Shimmick has a 1 year low of $1.30 and a 1 year high of $3.96. The company has a 50 day simple moving average of $1.82 and a 200 day simple moving average of $1.83.

Insider Activity

In other news, Director Mitchell B. Goldsteen sold 29,639 shares of the firm's stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $1.99, for a total value of $58,981.61. Following the transaction, the director directly owned 21,353,437 shares in the company, valued at $42,493,339.63. This trade represents a 0.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. In the last quarter, insiders sold 213,994 shares of company stock valued at $409,490. Company insiders own 67.10% of the company's stock.

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.