Power Integrations Inc expected to post earnings of 83cents a share - Earnings Preview

Power Integrations

01/11/2022 02:04

* Power Integrations Inc  POWI.OQ   POWI.O  is expected
to show a
fall in quarterly revenue when it reports  results on November
2. 
    * The San Jose California-based  company is expected to
report  a
7.1% decrease in revenue to $164.3 million from $176.78 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. The company's guidance on August 4
2022, for the period ended September 30, was for revenue between
$156.75 million and $173.25 million.
    * ​Refinitiv's mean analyst estimate for Power Integrations
Inc is
for earnings of 83 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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 $87.5​, above​ its last closing price
of $66.71. ​​​

The company's guidance on August 4 2022 for the period ended
September 30 was for gross profit margin of USD58%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2021  0.78        0.78       0.84      Beat    7.9
 ​​Jun.        0.75        0.75       0.83      Beat    11.3
 30 2021                                                
 Mar. 31 2021  0.56        0.56       0.76      Beat    36.5​
 Dec. 31 2020  0.44        0.44       0.60      Beat    36.9
 Sep. 30 2020  0.36        0.36       0.40      Beat    12.1
 This summary was machine generated November 1 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated