Rambus Inc expected to post earnings of 40  cents a share - Earnings Preview

Rambus

30/07/2022 03:04

* Rambus Inc  RMBS.OQ   RMBS.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 1. 
    * The San Jose California-based  company is expected to
report  a
26.1% increase in revenue to $136.4 million from $108.2 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Rambus Inc is for
earnings of 40 cents per share. For the same quarter last year,
the company reported earnings of 34 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 Rambus Inc
is
$33​, above​ its last closing price of $25.28. ​​​
    * 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 2022  0.37        0.37       0.18      Missed  -51.4
 Dec. 31 2022  0.37        0.37       0.39      Beat    5.4
 Sep. 30 2021  0.33        0.33       0.34      Beat    3​
 Jun. 30 2021  0.31        0.31       0.34      Beat    9.7
 ​​Mar.        0.28        0.28       0.30      Beat    8.1
 31 2021                                                
 Dec. 31 2020  0.25        0.25       0.32      Beat    28​
 Sep. 30 2020  0.27        0.27       0.30      Beat    11.1
 Jun. 30 2020  0.25        0.25       -0.05     Missed  -120
 This summary was machine generated July 30 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated