Diodes Inc expected to post earnings of $1.57 a share - Earnings Preview

Diodes Incorporated

05/08/2023 03:07

* Diodes Inc  DIOD.OQ   DIOD.O  is expected to show a fall
in
quarterly revenue when it reports  results on August 8. 
    * The Plano Texas-based  company is expected to report  a
6.8% decrease in revenue to $467.118 million from $500.97
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. The company's guidance on
June 1 2023, for the period ended June 30, was for revenue of
$467.000 million.
    * ​Refinitiv's mean analyst estimate for Diodes Inc is for
earnings of $1.57 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"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 Diodes Inc
is
$108​, above​ its last closing price of $86.17. ​​​

The company's guidance on June 1 2023 for the period ended June
30 was for gross profit margin of USD41.8%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  1.46        1.47       1.59      Beat    8.5
 Dec. 31 2023  1.62        1.61       1.73      Beat    7.2
 Sep. 30 2022  1.89        1.88       2.00      Beat    6.6​
 Jun. 30 2022  1.74        1.74       1.90      Beat    9
 ​​Mar.        1.54        1.54       1.75      Beat    13.3
 31 2022                                                
 Dec. 31 2021  1.45        1.45       1.60      Beat    10.7​
 Sep. 30 2021  1.39        1.39       1.47      Beat    6
 Jun. 30 2021  1.14        1.12       1.20      Beat    7.1
 This summary was machine generated August 5 at 02:07 GMT.  All
figures in US dollars  unless otherwise stated