Maxlinear Inc expected to post earnings of 70  cents a share - Earnings Preview

MaxLinear

25/04/2023 03:04

* Maxlinear Inc  MXL.OQ   MXL.O  is expected to show a fall
in
quarterly revenue when it reports  results on April 26. 
    * The Carlsbad California-based  company is expected to
report  a
5.2% decrease in revenue to $250.138 million from $263.93
million a year ago, according to the mean estimate from 10
analysts, based on Refinitiv data. The company's guidance on
February 1 2023, for the period ended March 31, was for revenue
between $240.00 million and $260.00 million.
    * ​Refinitiv's mean analyst estimate for Maxlinear Inc is
for
earnings of 70 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 2
"hold" and 1 "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
$48​, above​ its last closing price of $30.78. ​​​

The company's guidance on February 1 2023 for the period ended
March 31 was for gross profit margin between USD59% and USD62%.
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  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. 31 2022  0.91        0.91       1.00      Beat    9.7
 ​​Dec.        0.84        0.84       0.86      Beat    2.7
 31 2021                                                
 Sep. 30 2021  0.72        0.67       0.75      Beat    11.3​
 Jun. 30 2021  0.50        0.50       0.53      Beat    6.9
 Mar. 31 2021  0.50        0.50       0.55      Beat    10.6
 This summary was machine generated April 25 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated