Macom Technology Solutions Holdings Inc Expected To Post Earnings Of 70 Cents A Share: Earnings Preview

MACOM Technology Solutions Holdings

26/07/2022 19:37

* MACOM Technology Solutions Holdings Inc  MTSI.OQ 
 MTSI.O  is
expected to show a rise in quarterly revenue when it reports 
results on July 28. 
    * The Lowell Massachusetts-based  company is expected to
report  a
11.9% increase in revenue to $170.823 million from $152.62
million a year ago, according to the mean estimate from 13
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for MACOM Technology
Solutions Holdings Inc is for earnings of 70 cents per share.
For the same quarter last year, the company reported earnings of
57 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 3
"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​, above​ its last closing price
of $52.16. ​​​
    * 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 2022  0.66        0.66       0.68      Beat    3.5
 Dec. 31 2022  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
 ​​Mar.        0.47        0.47       0.51      Beat    7.8
 31 2021                                                
 Dec. 31 2020  0.42        0.42       0.46      Beat    8.5​
 Sep. 30 2020  0.38        0.38       0.40      Beat    5.5
 Jun. 30 2020  0.21        0.21       0.33      Beat    55.7
 This summary was machine generated July 26 at 18:36 GMT.  All
figures in US dollars  unless otherwise stated