Rambus Inc expected to post earnings of 45cents a share - Earnings Preview

Rambus

03/02/2023 23:53

* Rambus Inc  RMBS.OQ   RMBS.O  is expected to show a rise
in
quarterly revenue when it reports  results on February 6. 
    * The San Jose California-based  company is expected to
report  a
21.1% increase in revenue to $151.94 million from $125.5 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. The company's guidance on October 31
2022, for the period ended December 31, was for revenue between
$119.00 million and $125.00 million.
    * ​Refinitiv's mean analyst estimate for Rambus Inc is for
earnings of 45 cents per share. The company's EPS guidance on
October 31 2022, for the period ended December 31, was between
$0.22 and $0.29 
    * 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
$45​, above​ its last closing price of $43.62. ​​​

The company's guidance on October 31 2022 for the period ended
December 31 was for Earnings before Interest and Taxes between
USD33 million and USD43 million.The company's guidance on
October 31 2022 for the period ended December 31 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  
 Sep. 30 2022  0.41        0.41       0.41      Met     0
 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.        0.33        0.33       0.34      Beat    3
 30 2021                                                
 Jun. 30 2021  0.31        0.31       0.34      Beat    9.7​
 Mar. 31 2021  0.28        0.28       0.30      Beat    8.1
 Dec. 31 2020  0.25        0.25       0.32      Beat    28
 This summary was machine generated February 3 at 23:53 GMT.  All
figures in US dollars  unless otherwise stated