Pixelworks Inc expected to post a loss of 7 cents a share - Earnings Preview

Pixelworks

07/08/2021 03:03

* Pixelworks Inc  PXLW.OQ   PXLW.O  is expected to show a rise
in quarterly revenue when it reports results on August 10. 
* The San Jose, California-based company is expected to report 
 a 51.3% increase in revenue to $14 million from $9.25 million a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Pixelworks Inc is for a
loss of 7 cents per share. For the same quarter last year, the
company reported a loss of 10 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"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 Pixelworks Inc
is $5​, about 37.6% above​ its last closing price of $3.12. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  -0.12       -0.12      -0.12     Met     0
 Dec. 31 2020  -0.10       -0.10      -0.11     Missed  -6.5
 Sep. 30 2020  -0.10       -0.10      -0.11     Missed  -12.8​
 Jun. 30 2020  -0.10       -0.10      -0.10     Met     2.4
 Mar.          -0.09​      -0.09      -0.07     Beat    24.3​
 31​ 2020​                                              
 Dec. 31 2019  -0.07       -0.07      -0.06     Beat    14.3​
 Sep. 30 2019  -0.01       -0.01      -0.01     Met     0
 Jun. 30 2019  -0.02       -0.01      0.00      Beat    100
 This summary was machine generated August 7 at 02:03 GMT.  All
figures in US dollars unless otherwise stated