Kulicke and Soffa (KLIC) Earnings Preview For Tuesday
Kulicke and Soffa Industries, Inc. (KLIC)
Background: Kulicke and Soffa Industries, Inc. designs, manufactures, and sells capital equipment and expendable tools to assemble semiconductor devices, including integrated circuits, powered discrete devices, light-emitting diodes, and power modules. It also services, maintains, repairs, and upgrades its equipment.
Kulicke and Soffa is forecast to record lower second-quarter earnings before the market opens on April 30, 2013.
The consensus estimate is currently 2 cents a share, a drop of 20 cents (90.9%) from 22 cents during the equivalent quarter last year. Estimates from analysts range from a low of 1 cent per share, up to the highest estimate of 4 cents per share.
The last reported short interest is paltry and without reason to consider it a meaningful influence at only 1.1% of the average trading float.