Why TTM Technologies, Inc. Stock Fell 22% Today
Shares of TTM Technologies (NASDAQ: TTMI) fell as much as 22.5% Thursday morning, following the quick-turn printed circuit board maker's second-quarter earnings report.
TTM's top-line sales rose 4.2% year over year to land at $627 million, while adjusted earnings increased 15% to $0.31 per share. Both figures fell short of Wall Street's consensus estimates, which called for earnings of $0.35 per share on revenue near $629 million.
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Source: Fool.com
Ttm Technologies Stock
€114.10
0.660%
The stock is an absolute favorite of our community with 24 Buy predictions and no Sell predictions.
As a result the target price of 179 € shows a very positive potential of 56.88% compared to the current price of 114.1 € for Ttm Technologies.
