Macom Technology Solutions Holdings Inc Expected To Post Earnings Of 62 Cents A Share: Earnings Preview

MACOM Technology Solutions Holdings

25/01/2022 13:40

* MACOM Technology Solutions Holdings Inc  MTSI.OQ 
 MTSI.O  is
expected to show a rise in quarterly revenue when it reports 
results on January 27. 
    * The Lowell Massachusetts-based  company is expected to
report  a
7.2% increase in revenue to $159.208 million from $148.5 million
a year ago, according to the mean estimate from 15 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for MACOM Technology
Solutions Holdings Inc is for earnings of 62 cents per share.
For the same quarter last year, the company reported earnings of
46 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "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 $85​, about 21.5% above​ its last
closing price of $66.76. ​​​
    * 

This summary was machine generated January 25 at 13:40 GMT.  All
figures in US dollars  unless otherwise stated