Maxlinear Inc expected to post earnings of 1 cent a share - Earnings Preview

MaxLinear

29/01/2024 21:39

* Maxlinear Inc  MXL.OQ   MXL.O  is expected to show a fall
in
quarterly revenue when it reports  results on January 31 for the
period ending December 31 2023
    * The Carlsbad California-based  company is expected to
report a
56.9% decrease in revenue to $125.115 million from $290.59
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data.The company's guidance on October
25 2023, for the period ended December 31, was for revenue
between $115.00 million and $135.00 million. (Majority Basis is
on Total Revenue)
    * ​LSEG's mean analyst estimate for Maxlinear Inc is for
earnings
of 1 cent per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "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 Maxlinear
Inc is
$23.00​, above​ its last closing price of $22.14. ​​​

The company's guidance on October 25 2023 for the period ended
December 31 was for gross profit margin between USD59.5% and
USD62.5%.
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  0.04        0.04       0.02      Missed  -45.9
 Jun. 30 2023  0.33        0.33       0.34      Beat    1.8
 Mar. 31 2023  0.70        0.70       0.74      Beat    5.2​
 Dec. 31 2022  1.07        1.06       1.07      Beat    0.8
 ​​Sep.        1.04        1.04       1.05      Beat    1.3
 30 2022                                                
 Jun. 30 2022  1.01        1.01       1.11      Beat    10.1​
 Mar. 31 2022  0.91        0.91       1.00      Beat    9.7
 Dec. 31 2021  0.84        0.84       0.86      Beat    2.7
 This summary was machine generated January 29 at 21:39 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)