Pixelworks Inc expected to post a loss of 8  cents a share - Earnings Preview

Pixelworks

09/08/2022 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 Portland Oregon-based  company is expected to report 
a
32.8% increase in revenue to $18.667 million from $14.05 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 8 cents per share. For the same quarter last year, the
company reported a loss of 5 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​, above​ its last closing price of $2.42. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  -0.07       -0.07      -0.06     Beat    14.3
 Dec. 31 2022  -0.05       -0.05      -0.03     Beat    40
 Sep. 30 2021  -0.05       -0.05      -0.04     Beat    23.4​
 Jun. 30 2021  -0.07       -0.07      -0.05     Beat    25
 ​​Mar.        -0.12       -0.12      -0.12     Met     0
 31 2021                                                
 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
 This summary was machine generated August 9 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated