Maxlinear Inc expected to post earnings of 4  cents a share - Earnings Preview

MaxLinear

23/10/2023 22:32

* Maxlinear Inc  MXL.OQ   MXL.O  is expected to show a fall
in
quarterly revenue when it reports  results 
    * The Carlsbad California-based  company is expected to
report  a
51.3% decrease in revenue to $139.227 million from $285.73
million a year ago, according to the mean estimate from 10
analysts, based on Refinitiv data. The company's guidance on
July 26 2023, for the period ended September 30, was for revenue
between $125.00 million and $155.00 million.
    * ​Refinitiv's mean analyst estimate for Maxlinear Inc is
for
earnings of 4 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 6
"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
$33​, above​ its last closing price of $20.09. ​​​

The company's guidance on July 26 2023 for the period ended
September 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  
 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. 30 2022  1.04        1.04       1.05      Beat    1.3
 ​​Jun.        1.01        1.01       1.11      Beat    10.1
 30 2022                                                
 Mar. 31 2022  0.91        0.91       1.00      Beat    9.7​
 Dec. 31 2021  0.84        0.84       0.86      Beat    2.7
 Sep. 30 2021  0.72        0.67       0.75      Beat    11.3
 This summary was machine generated October 23 at 21:32 GMT.  All
figures in US dollars  unless otherwise stated