Diodes Inc expected to post earnings of $1.88 a share - Earnings Preview

Diodes Incorporated

05/11/2022 03:07

* Diodes Inc  DIOD.OQ   DIOD.O  is expected to show a rise
in
quarterly revenue when it reports  results on November 7. 
    * The Plano Texas-based  company is expected to report  a
10.7% increase in revenue to $521.86 million from $471.42
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. The company's guidance on
August 4 2022, for the period ended September 30, was for
revenue between $505.37 million and $536.63 million.
    * ​Refinitiv's mean analyst estimate for Diodes Inc is for
earnings of $1.88 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
$97​, above​ its last closing price of $71.19. ​​​

The company's guidance on August 4 2022 for the period ended
September 30 was for gross profit margin between USD40.5% and
USD42.5%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  1.74        1.74       1.90      Beat    9
 Mar. 31 2022  1.54        1.54       1.75      Beat    13.3
 Dec. 31 2021  1.45        1.45       1.60      Beat    10.7​
 Sep. 30 2021  1.39        1.39       1.47      Beat    6
 ​​Jun.        1.14        1.12       1.20      Beat    7.1
 30 2021                                                
 Mar. 31 2021  0.80        0.79       0.93      Beat    18.1​
 Dec. 31 2020  0.70        0.70       0.74      Beat    6.3
 Sep. 30 2020  0.59        0.59       0.62      Beat    5.8
 This summary was machine generated November 5 at 03:07 GMT.  All
figures in US dollars  unless otherwise stated