Macom Technology Solutions Holdings Inc Expected To Post Earnings Of 57 Cents A Share: Earnings Preview

MACOM Technology Solutions Holdings

30/01/2024 13:58

* MACOM Technology Solutions Holdings Inc  MTSI.OQ 
 MTSI.O  is
expected to show a fall in quarterly revenue when it reports 
results on February 1 for the period ending December 31 2023
    * The Lowell Massachusetts-based  company is expected to
report a
15.5% decrease in revenue to $152.12 million from $180.1 million
a year ago, according to the mean estimate from 11 analysts,
based on LSEG data.The company's guidance on November 9 2023,
for the period ended December 31, was for revenue between
$149.00 million and $153.00 million.
    * ​LSEG's mean analyst estimate for MACOM Technology
Solutions
Holdings Inc is for earnings of 57 cents per share. The
company's EPS guidance on November 9 2023, for the period ended
December 31, was between $0.55 and $0.59 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 5
"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 $93.50​, above​ its last closing price
of $89.60. ​​​

The company's guidance on November 9 2023 for the period ended
December 31 was for gross profit margin between USD59% and
USD61%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.56        0.56       0.56      Met     0.5
 Jun. 30 2023  0.54        0.54       0.54      Met     0.3
 Mar. 31 2023  0.78        0.78       0.79      Beat    1.6​
 Dec. 31 2022  0.78        0.78       0.81      Beat    3.3
 ​​Sep.        0.76        0.76       0.77      Beat    1.5
 30 2022                                                
 Jun. 30 2022  0.70        0.70       0.73      Beat    4.1​
 Mar. 31 2022  0.66        0.66       0.68      Beat    3.5
 Dec. 31 2021  0.62        0.62       0.64      Beat    3.3
 This summary was machine generated January 30 at 13:58 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)