Maxlinear Inc expected to post earnings of 33  cents a share - Earnings Preview

MaxLinear

25/07/2023 03:01

* Maxlinear Inc  MXL.OQ   MXL.O  is expected to show a fall
in
quarterly revenue when it reports  results on July 26. 
    * The Carlsbad California-based  company is expected to
report  a
32.0% decrease in revenue to $190.301 million from $280.01
million a year ago, according to the mean estimate from 10
analysts, based on Refinitiv data. The company's guidance on
April 26 2023, for the period ended June 30, was for revenue
between $175.00 million and $205.00 million.
    * ​Refinitiv's mean analyst estimate for Maxlinear Inc is
for
earnings of 33 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "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 Maxlinear
Inc is
$40​, above​ its last closing price of $33.60. ​​​

The company's guidance on April 26 2023 for the period ended
June 30 was for gross profit margin between USD59.5% and
USD62.5%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.70        0.70       0.74      Beat    5.2
 Dec. 31 2023  1.07        1.06       1.07      Beat    0.8
 Sep. 30 2022  1.04        1.04       1.05      Beat    1.3​
 Jun. 30 2022  1.01        1.01       1.11      Beat    10.1
 ​​Mar.        0.91        0.91       1.00      Beat    9.7
 31 2022                                                
 Dec. 31 2021  0.84        0.84       0.86      Beat    2.7​
 Sep. 30 2021  0.72        0.67       0.75      Beat    11.3
 Jun. 30 2021  0.50        0.50       0.53      Beat    6.9
 This summary was machine generated July 25 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated