Alpha and Omega Semiconductor Ltd expected to post earnings of 22 cents a share - Earnings Preview

Alpha and Omega Semiconductor

02/11/2024 03:57

* Alpha and Omega Semiconductor Ltd  AOSL.OQ   AOSL.O  is
expected
to show a fall in quarterly revenue when it reports  results on
November 4 for the period ending September 30 2024
    * The Sunnyvale California-based  company is expected to
report a
0.3% decrease in revenue to $180.067 million from $180.63
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.The company's guidance on August 7
2024, for the period ended September 30, was for revenue between
$170.00 million and $190.00 million.
    * ​LSEG's mean analyst estimate for Alpha and Omega
Semiconductor
Ltd is for earnings of 22 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Alpha and
Omega
Semiconductor Ltd is $42.00​, above​ its last closing price
of $34.00. ​​​

The company's guidance on August 7 2024 for the period ended
September 30 was for Capital Expenditures between USD6 million
and USD8 million.The company's guidance on August 7 2024 for the
period ended September 30 was for gross profit margin between
USD25.4% and USD27.4%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.04        0.04       0.09      Beat    107.7
 Mar. 31 2024  -0.14       -0.14      -0.04     Beat    71.4
 Jan. 1 0001   0.15        0.15       0.24      Beat    60​
 Sep. 30 2023  0.32        0.32       0.33      Beat    4.2
 ​​Jun.        0.03        0.02       0.19      Beat    714.4
 30 2023                                                
 Mar. 31 2023  -0.19       -0.19      -0.21     Missed  -8.6​
 Dec. 31 2022  0.91        0.88       0.67      Missed  -24.2
 Sep. 30 2022  1.21        1.21       1.20      Missed  -0.4
 This summary was machine generated November 2 at 03:57 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)