Power Integrations Inc expected to post earnings of 25  cents a share - Earnings Preview

Power Integrations

03/05/2023 03:03

* Power Integrations Inc  POWI.OQ   POWI.O  is expected
to show a
fall in quarterly revenue when it reports  results on May 4. 
    * The San Jose California-based  company is expected to
report  a
42.1% decrease in revenue to $105.438 million from $182.15
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. The company's guidance on
February 6 2023, for the period ended March 31, was for revenue
between $100.00 million and $110.00 million.
    * ​Refinitiv's mean analyst estimate for Power Integrations
Inc is
for earnings of 25 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"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 Power
Integrations Inc is $90​, above​ its last closing price
of $75.46. ​​​

The company's guidance on February 6 2023 for the period ended
March 31 was for gross profit margin of USD53.5%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.46        0.46       0.48      Beat    4.7
 Sep. 30 2022  0.83        0.83       0.84      Beat    1.2
 Jun. 30 2022  0.98        0.98       1.03      Beat    5.3​
 Mar. 31 2022  0.87        0.87       0.93      Beat    6.7
 ​​Dec.        0.75        0.75       0.83      Beat    11.2
 31 2021                                                
 Sep. 30 2021  0.78        0.78       0.84      Beat    7.9​
 Jun. 30 2021  0.75        0.75       0.83      Beat    11.3
 Mar. 31 2021  0.56        0.56       0.76      Beat    36.5
 This summary was machine generated May 3 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated