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SMTC Corp's Q3, 2019, and 2020 Earnings Scaled Down by Analysts

3:56AM ET 8/16/2019 MT Newswires
SMTC Corp's (NASDAQ:SMTX, Recent Price: 3.25) earnings targets for Q3 ending September 30, 2019, and the full year forecasts for 2019 and 2020 have been reduced. The Q3 earnings estimate has been decreased to $0.02 per share a reduction from the previous forecast of $0.06 per share, while the estimate for 2019 has been decreased to $0.06 per share from the forecast of $0.18 per share and the full year 2020 estimate has also been scaled down from $0.41 per share to $0.26 per share. At the present time there are 1 estimates used to calculate the Q3 forecast and 1 published estimate contained in the full year forecast for both 2019 and 2020.