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9 Chip Earnings to Watch

9. Cohu (COHU) is a supplier of test handling, burn-in and thermal solutions for the global semiconductor industry, microwave communications and closed-circuit television equipment. The company is scheduled to report its second quarter results today.

Analysts polled by Bloomberg are forecasting net income of $5.23 million or 21 cents per share for the second quarter of 2011. They see net sales increasing to $80 million from $74.87 million in the year-ago quarter. The company estimates sales to range between $77 and $82 million for the reporting quarter.

During May 2011, the company declared a dividend of 6 cents per share and paid the amount on June 24, 2011.

Both analysts covering the stock recommend a buy on it. There are no sell ratings on the stock. Analysts polled by Bloomberg see the stock gaining an average 47.1% to $20.00 in the next 12 months.

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SYM TRADE IT LAST %CHG
CPWR $10.35 0.10%
HITT $78.00 0.06%
COHU $11.00 0.00%
CRUS $33.29 0.00%
CY $14.36 0.00%

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DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

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