Astera Labs Inc expected to post earnings of 28 cents a share - Earnings Preview

Astera Labs,

02/05/2025 21:04

Astera Labs Inc ALAB.OQ ALAB.O is expected to show a rise in quarterly revenue when it reports  results on May 6 for the period ending March 31 2025

The Santa Clara California-based  company is expected to report a 134.7% increase in revenue to $153.133 million from $65.26 million a year ago, according to the mean estimate from 12 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Astera Labs Inc is for earnings of 28 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 1 "hold" and no "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 Astera Labs Inc is $114.00​, above​ its last closing price of $69.22. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
0.26
0.26
0.37
Beat
42.9
Sep. 30 2024
0.17
0.17
0.23
Beat
35
Jun. 30 2024
0.11
0.11
0.13
Beat
18.2​
Mar. 31 2024
0.04
0.04
0.27
Beat
575
​​
​

This summary was machine generated May 2 at 20:04 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)