Rambus Inc expected to post earnings of 41cents a share - Earnings Preview

Rambus

28/10/2022 22:37

* Rambus Inc  RMBS.OQ   RMBS.O  is expected to show a rise
in
quarterly revenue when it reports  results on October 31. 
    * The San Jose California-based  company is expected to
report  a
21.6% increase in revenue to $138.96 million from $114.3 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. The company's guidance on August 1
2022, for the period ended September 30, was for revenue between
$104.00 million and $110.00 million.
    * ​Refinitiv's mean analyst estimate for Rambus Inc is for
earnings of 41 cents per share. The company's EPS guidance on
August 1 2022, for the period ended September 30, was between
USD0.15 and USD0.21 
    * 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 $29.48. ​​​

The company's guidance on August 1 2022 for the period ended
September 30 was for Earnings before Interest and Taxes between
USD23 million and USD33 million.The company's guidance on August
1 2022 for the period ended September 30 was for Capital
Expenditures of USD8 million.
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  0.40        0.40       0.35      Missed  -12.5
 Mar. 31 2022  0.37        0.37       0.18      Missed  -51.4
 Dec. 31 2021  0.37        0.37       0.39      Beat    5.4​
 Sep. 30 2021  0.33        0.33       0.34      Beat    3
 ​​Jun.        0.31        0.31       0.34      Beat    9.7
 30 2021                                                
 Mar. 31 2021  0.28        0.28       0.30      Beat    8.1​
 Dec. 31 2020  0.25        0.25       0.32      Beat    28
 Sep. 30 2020  0.27        0.27       0.30      Beat    11.1
 This summary was machine generated October 28 at 21:37 GMT.  All
figures in US dollars  unless otherwise stated