Penguin Solutions Inc reports results for the quarter ended May 31 - Earnings Summary
08/07/2025 22:01
Penguin Solutions Inc PENG.OQ reported quarterly adjusted earnings of 47 cents per share for the quarter ended May 31, higher than the same quarter last year, when the company reported EPS of 37 cents. The mean expectation of eight analysts for the quarter was for earnings of 32 cents per share. Wall Street expected results to range from 29 cents to 37 cents per share. Revenue rose 7.9% to $324.25 million from a year ago; analysts expected $329.47 million. Penguin Solutions Inc's reported EPS for the quarter was a loss of 1 cent. The company reported a quarterly loss of $372 thousand. Penguin Solutions Inc shares had risen by 5.7% this quarter and gained 9.1% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had fallen by about 3% in the last three months. In the last 30 days, one analyst negatively revised an earnings estimate RECOMMENDATIONS The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the semiconductors peer group is also "buy" Wall Street's median 12-month price target for Penguin Solutions Inc is $27.00, about 22.4% above its last closing price of $20.94 This summary was machine generated from LSEG data July 8 at 09:00 p.m. UTC. 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)
| QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| May. 31 2025 | 0.32 | 0.47 | Beat |
| Feb. 28 2025 | 0.38 | 0.52 | Beat |
| Nov. 30 2024 | 0.39 | 0.49 | Beat |
| Aug. 31 2024 | 0.40 | 0.37 | Missed |