SiTime Corp expected to post breakeven results a share - Earnings Preview

SiTime

02/05/2023 03:02

* SiTime Corp  SITM.OQ   SITM.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 3. 
    * The Santa Clara California-based  company is expected to
report 
a 45.9% decrease in revenue to $38.02 million from $70.25
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. The company's guidance on
February 1 2023, for the period ended March 31, was for revenue
between $37.00 million and $39.00 million.
    * ​Refinitiv's mean analyst estimate for SiTime Corp is for
breakeven results per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"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 SiTime Corp
is
$140​, above​ its last closing price of $110.36. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.55        0.55       0.64      Beat    16.4
 Sep. 30 2022  0.85        0.85       0.97      Beat    14.6
 Jun. 30 2022  1.01        1.01       1.11      Beat    9.7​
 Mar. 31 2022  0.77        0.77       0.94      Beat    22.8
 ​​Dec.        1.09        1.09       1.32      Beat    21.2
 31 2021                                                
 Sep. 30 2021  0.75        0.75       1.03      Beat    36.9​
 Jun. 30 2021  0.23        0.23       0.46      Beat    102.9
 Mar. 31 2021  0.12        0.12       0.19      Beat    58.8
 This summary was machine generated May 2 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated