Macom Technology Solutions Holdings Inc Expected To Post Earnings Of 54 Cents A Share: Earnings Preview

MACOM Technology Solutions Holdings

01/08/2023 17:20

* MACOM Technology Solutions Holdings Inc  MTSI.OQ 
 MTSI.O  is
expected to show a fall in quarterly revenue when it reports 
results on August 3. 
    * The Lowell Massachusetts-based  company is expected to
report  a
14.3% decrease in revenue to $147.672 million from $172.26
million a year ago, according to the mean estimate from 13
analysts, based on Refinitiv data. The company's guidance on May
4 2023, for the period ended June 30, was for revenue between
$145.00 million and $150.00 million.
    * ​Refinitiv's mean analyst estimate for MACOM Technology
Solutions Holdings Inc is for earnings of 54 cents per share.
The company's EPS guidance on May 4 2023, for the period ended
June 30, was between $0.52 and $0.56 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 8
"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 MACOM
Technology
Solutions Holdings Inc is $65​, below​ its last closing price
of $69.92. ​​​

The company's guidance on May 4 2023 for the period ended June
30 was for gross profit margin between USD59% and USD61%.
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  0.78        0.78       0.79      Beat    1.6
 Dec. 31 2023  0.78        0.78       0.81      Beat    3.3
 Sep. 30 2022  0.76        0.76       0.77      Beat    1.5​
 Jun. 30 2022  0.70        0.70       0.73      Beat    4.1
 ​​Mar.        0.66        0.66       0.68      Beat    3.5
 31 2022                                                
 Dec. 31 2021  0.62        0.62       0.64      Beat    3.3​
 Sep. 30 2021  0.58        0.58       0.61      Beat    5
 Jun. 30 2021  0.54        0.53       0.57      Beat    6.8
 This summary was machine generated August 1 at 16:20 GMT.  All
figures in US dollars  unless otherwise stated