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

SiTime

31/10/2023 02:04

* SiTime Corp  SITM.OQ   SITM.O  is expected to show a fall
in
quarterly revenue when it reports  results 
    * The Santa Clara California-based  company is expected to
report 
a 52.6% decrease in revenue to $34.643 million from $73.1
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. The company's guidance on
August 2 2023, for the period ended September 30, was for
revenue of $34.660 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 4 "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 SiTime Corp
is
$145​, above​ its last closing price of $96.47. ​​​

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 2023  -0.30       -0.29      -0.22     Beat    25.4
 Mar. 31 2023  0.00        0.00       0.09      Beat    4,400
 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.        1.01        1.01       1.11      Beat    9.7
 30 2022                                                
 Mar. 31 2022  0.77        0.77       0.94      Beat    22.8​
 Dec. 31 2021  1.09        1.09       1.32      Beat    21.2
 Sep. 30 2021  0.75        0.75       1.03      Beat    36.9
 This summary was machine generated October 31 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated