Monolithic Power Systems Inc expected to post earnings of $2.85 a share - Earnings Preview

Monolithic Power Systems

05/02/2024 21:37

* Monolithic Power Systems Inc  MPWR.OQ   MPWR.O  is
expected
to show a fall in quarterly revenue when it reports  results on
February 7 for the period ending December 31 2023
    * The Kirkland Washington-based  company is expected to
report a
1.7% decrease in revenue to $452.09 million from $460.01 million
a year ago, according to the mean estimate from 11 analysts,
based on LSEG data.The company's guidance on October 30 2023,
for the period ended December 31, was for revenue between
$442.00 million and $462.00 million.
    * ​LSEG's mean analyst estimate for Monolithic Power Systems
Inc
is for earnings of $2.85 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "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 Monolithic
Power
Systems Inc is $656.00​, above​ its last closing price
of $635.86. ​​​

The company's guidance on October 30 2023 for the period ended
December 31 was for gross profit margin between USD55.4% and
USD56%.
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  3.06        3.07       3.08      Beat    0.3
 Jun. 30 2023  2.81        2.80       2.82      Beat    0.7
 Mar. 31 2023  2.96        2.96       3.00      Beat    1.4​
 Dec. 31 2022  3.16        3.15       3.17      Beat    0.8
 ​​Sep.        3.52        3.50       3.53      Beat    0.9
 30 2022                                                
 Jun. 30 2022  2.95        2.95       3.25      Beat    10.3​
 Mar. 31 2022  2.27        2.26       2.45      Beat    8.5
 Dec. 31 2021  1.90        1.88       2.12      Beat    13
 This summary was machine generated February 5 at 21:37 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)