Power Integrations Inc expected to post earnings of 34  cents a share - Earnings Preview

Power Integrations

02/08/2023 03:17

* Power Integrations Inc  POWI.OQ   POWI.O  is expected
to show a
fall in quarterly revenue when it reports  results on August 3. 
    * The San Jose California-based  company is expected to
report  a
33.5% decrease in revenue to $122.402 million from $183.99
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. The company's guidance on May
4 2023, for the period ended June 30, was for revenue between
$117.00 million and $127.00 million.
    * ​Refinitiv's mean analyst estimate for Power Integrations
Inc is
for earnings of 34 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 Power
Integrations Inc is $95.5​, above​ its last closing price
of $94.85. ​​​

The company's guidance on May 4 2023 for the period ended June
30 was for gross profit margin of USD52%.
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 2023  0.25        0.25       0.25      Met     1.4
 Dec. 31 2023  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.        0.87        0.87       0.93      Beat    6.7
 31 2022                                                
 Dec. 31 2021  0.75        0.75       0.83      Beat    11.2​
 Sep. 30 2021  0.78        0.78       0.84      Beat    7.9
 Jun. 30 2021  0.75        0.75       0.83      Beat    11.3
 This summary was machine generated August 2 at 02:17 GMT.  All
figures in US dollars  unless otherwise stated