Power Integrations Inc expected to post earnings of 46cents a share - Earnings Preview

Power Integrations

03/02/2023 21:09

* Power Integrations Inc  POWI.OQ   POWI.O  is expected
to show a
fall in quarterly revenue when it reports  results on February
6. 
    * The San Jose California-based  company is expected to
report  a
27.3% decrease in revenue to $125.55 million from $172.65
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. The company's guidance on
November 2 2022, for the period ended December 31, was for
revenue between $120.00 million and $130.00 million.
    * ​Refinitiv's mean analyst estimate for Power Integrations
Inc is
for earnings of 46 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 $72.5​, below​ its last closing price
of $90.68. ​​​

The company's guidance on November 2 2022 for the period ended
December 31 was for gross profit margin between USD56% and
USD56.5%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.75        0.75       0.83      Beat    11.2
 ​​Sep.        0.78        0.78       0.84      Beat    7.9
 30 2021                                                
 Jun. 30 2021  0.75        0.75       0.83      Beat    11.3​
 Mar. 31 2021  0.56        0.56       0.76      Beat    36.5
 Dec. 31 2020  0.44        0.44       0.60      Beat    36.9
 This summary was machine generated February 3 at 21:09 GMT.  All
figures in US dollars  unless otherwise stated