Monolithic Power Systems Inc expected to post earnings of $3.07 a share - Earnings Preview

Monolithic Power Systems

28/10/2023 03:02

* Monolithic Power Systems Inc  MPWR.OQ   MPWR.O  is
expected
to show a fall in quarterly revenue when it reports  results 
    * The Kirkland Washington-based  company is expected to
report  a
4.3% decrease in revenue to $474.12 million from $495.42 million
a year ago, according to the mean estimate from 12 analysts,
based on Refinitiv data. The company's guidance on July 31 2023,
for the period ended September 30, was for revenue between
$464.00 million and $484.00 million.
    * ​Refinitiv's mean analyst estimate for Monolithic Power
Systems
Inc is for earnings of $3.07 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 $577.5​, above​ its last closing price
of $405.93. ​​​

The company's guidance on July 31 2023 for the period ended
September 30 was for gross profit margin between USD55.7% and
USD56.3%.
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  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. 30 2022  3.52        3.50       3.53      Beat    0.9
 ​​Jun.        2.95        2.95       3.25      Beat    10.3
 30 2022                                                
 Mar. 31 2022  2.27        2.26       2.45      Beat    8.5​
 Dec. 31 2021  1.90        1.88       2.12      Beat    13
 Sep. 30 2021  2.00        2.00       2.06      Beat    3.1
 This summary was machine generated October 28 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated