Power Integrations Inc expected to post earnings of 36 cents a share - Earnings Preview

Power Integrations

05/11/2024 08:09

* Power Integrations Inc  POWI.OQ   POWI.O  is expected
to show a
fall in quarterly revenue when it reports  results on November 7
for the period ending September 30 2024
    * The San Jose California-based  company is expected to
report a
8.5% decrease in revenue to $114.78 million from $125.51 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.The company's guidance on August 6 2024, for
the period ended September 30, was for revenue between $110.00
million and $120.00 million.
    * ​LSEG's mean analyst estimate for Power Integrations Inc
is for
earnings of 36 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"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 $80.00​, above​ its last closing price
of $63.48. ​​​

The company's guidance on August 6 2024 for the period ended
September 30 was for gross profit margin between USD54.5% and
USD55%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.26        0.26       0.28      Beat    7
 Mar. 31 2024  0.12        0.12       0.18      Beat    46
 Jan. 1 0001   0.15        0.15       0.22      Beat    48.3​
 Sep. 30 2023  0.47        0.47       0.46      Missed  -2.8
 ​​Jun.        0.34        0.34       0.36      Beat    6.4
 30 2023                                                
 Mar. 31 2023  0.25        0.25       0.25      Met     1.4​
 Jan. 1 0001   0.46        0.46       0.48      Beat    4.7
 Sep. 30 2022  0.83        0.83       0.84      Beat    1.2
 This summary was machine generated November 5 at 08:08 GMT.  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)