Monolithic Power Systems Inc expected to post earnings of $3.97 a share - Earnings Preview

Monolithic Power Systems

29/10/2024 03:01

* Monolithic Power Systems Inc  MPWR.OQ   MPWR.O  is
expected
to show a rise in quarterly revenue when it reports  results on
October 30 for the period ending September 30 2024
    * The Kirkland Washington-based  company is expected to
report a
26.5% increase in revenue to $600.611 million from $474.87
million a year ago, according to the mean estimate from 11
analysts, based on LSEG data.The company's guidance on August 1
2024, for the period ended September 30, was for revenue between
$590.00 million and $610.00 million.
    * ​LSEG's mean analyst estimate for Monolithic Power Systems
Inc
is for earnings of $3.97 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 964.34​, above​ its last closing price
of $890.46. ​​​

The company's guidance on August 1 2024 for the period ended
September 30 was for gross profit margin between USD55.5% and
USD56.1%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   3.08        3.07       3.17      Beat    3.4
 Mar. 31 0001  2.67        2.66       2.81      Beat    5.6
 Dec. 31 2023  2.85        2.85       2.88      Beat    1.2​
 Sep. 30 2023  3.06        3.07       3.08      Beat    0.3
 ​​Jun.        2.81        2.80       2.82      Beat    0.7
 30 2023                                                
 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
 This summary was machine generated October 29 at 03:00 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)