Macom Technology Solutions Holdings Inc Expected To Post Earnings Of 78 Cents A Share: Earnings Preview

MACOM Technology Solutions Holdings

02/05/2023 19:38

* MACOM Technology Solutions Holdings Inc  MTSI.OQ 
 MTSI.O  is
expected to show a rise in quarterly revenue when it reports 
results on May 4. 
    * The Lowell Massachusetts-based  company is expected to
report  a
1.7% increase in revenue to $168.001 million from $165.15
million a year ago, according to the mean estimate from 13
analysts, based on Refinitiv data. The company's guidance on
February 2 2023, for the period ended March 31, was for revenue
between $166.00 million and $170.00 million.
    * ​Refinitiv's mean analyst estimate for MACOM Technology
Solutions Holdings Inc is for earnings of 78 cents per share.
The company's EPS guidance on February 2 2023, for the period
ended March 31, was between $0.76 and $0.80 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 7
"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 $75​, above​ its last closing price
of $58.43. ​​​

The company's guidance on February 2 2023 for the period ended
March 31 was for gross profit margin between USD61.5% and
USD63.5%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  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. 31 2022  0.66        0.66       0.68      Beat    3.5
 ​​Dec.        0.62        0.62       0.64      Beat    3.3
 31 2021                                                
 Sep. 30 2021  0.58        0.58       0.61      Beat    5​
 Jun. 30 2021  0.54        0.53       0.57      Beat    6.8
 Mar. 31 2021  0.47        0.47       0.51      Beat    7.8
 This summary was machine generated May 2 at 18:38 GMT.  All
figures in US dollars  unless otherwise stated