Post-earnings recap
Reported
Thu, Aug 4, 2011
Est. EPS
—
Est. revenue
—
Implied move
—
EPS beat rate
100%
—
Est. EPS
—
Est. Rev
—
Impl. Move
—
TTM Technologies reported better-than-expected EPS, which is a positive sign for profitability. However, the stock fell 8.66%, likely due to the absence of revenue figures and guidance, leaving investors uncertain about future performance. The market reaction suggests that investors were looking for more clarity on revenue trends.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.40 | N/A | +6.67% |
| Revenue | N/A | N/A | N/A |
Management expressed satisfaction with the EPS results, indicating a focus on cost management. However, they did not provide specific revenue guidance.
Management noted that they are pleased with the EPS performance despite the lack of revenue guidance.
They emphasized ongoing efforts to improve operational efficiencies.