Rambus Inc expected to post earnings of 58 cents a share - Earnings Preview

Rambus

31/01/2025 24:02

* Rambus Inc  RMBS.OQ   RMBS.O  is expected to show a rise
in
quarterly revenue when it reports  results on February 4 for the
period ending December 31 2024
    * The San Jose California-based  company is expected to
report a
16.5% increase in revenue to $158.468 million from $136 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.The company's guidance on October 28 2024,
for the period ended December 31, was for revenue between
$154.00 million and $160.00 million.
    * ​LSEG's mean analyst estimate for Rambus Inc is for
earnings of
58 cents per share. The company's EPS guidance on November 28
2024, for the period ended December 31, was between $0.52 and
$0.59 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"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
$66.00​, above​ its last closing price of $61.21. ​​​

The company's guidance on November 28 2024 for the period ended
December 31 was for Earnings before Interest and Taxes between
USD68 million and USD78 million.The company's guidance on
October 28 2024 for the period ended December 31 was for Capital
Expenditures of USD11 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.51        0.51       0.51      Met     -0.8
 Jun. 30 2024  0.44        0.45       0.42      Missed  -5.7
 Mar. 31 2024  0.44        0.44       0.37      Missed  -15.9​
 Dec. 31 2023  0.45        0.45       0.47      Beat    4.9
 ​​Sep.        0.41        0.41       0.43      Beat    5.4
 30 2023                                                
 Jun. 30 2023  0.39        0.39       0.44      Beat    12.8​
 Mar. 31 2023  0.42        0.42       0.44      Beat    4.8
 Dec. 31 2022  0.45        0.45       0.47      Beat    3.5
 This summary was machine generated January 31 at 00:02 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)