Ultra Clean Holdings: Q4 Earnings Insights

Ultra Clean Holdings UCTT reported its Q4 earnings results on Wednesday, February 23, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Ultra Clean Holdings beat estimated earnings by 1.67%, reporting an EPS of $1.22 versus an estimate of $1.2.

Revenue was up $245.51 million from the same period last year.

Last quarter the company beat on EPS by $0.06 which was followed by a 19.21% increase in the share price the next day.

Here's a look at Ultra Clean Holdings's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	1.01	0.96	0.85	0.71
EPS Actual	1.07	0.99	0.92	0.81
Revenue Estimate	542.27M	505.44M	392.47M	365.08M
Revenue Actual	553.65M	515.20M	417.63M	369.63M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Ultra Clean Holdings management provided guidance for their next quarter, expecting earnings between $1.06 and $1.26 per share for the next quarter.

This represents a -4.92% in quarter-over-quarter growth for Ultra Clean Holdings, a bearish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.