SiTime Corp expected to post earnings of 55cents a share - Earnings Preview

SiTime

30/01/2023 22:33

* SiTime Corp  SITM.OQ   SITM.O  is expected to show a fall
in
quarterly revenue when it reports  results on February 1. 
    * The Santa Clara California-based  company is expected to
report 
a 20.8% decrease in revenue to $60 million from $75.74 million a
year ago, according to the mean estimate from 6 analysts, based
on Refinitiv data. The company's guidance on November 2 2022,
for the period ended December 31, was for revenue of $60.000
million.
    * ​Refinitiv's mean analyst estimate for SiTime Corp is for
earnings of 55 cents per share. The company's EPS guidance on
November 2 2022, for the period ended December 31, was between
$0.50 and $0.60 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "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
$120​, below​ its last closing price of $120.78. ​​​

The company's guidance on November 2 2022 for the period ended
December 31 was for gross profit margin of USD63%.
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  0.85        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. 31 2021  1.09        1.09       1.32      Beat    21.2
 ​​Sep.        0.75        0.75       1.03      Beat    36.9
 30 2021                                                
 Jun. 30 2021  0.23        0.23       0.46      Beat    102.9​
 Mar. 31 2021  0.12        0.12       0.19      Beat    58.8
 Dec. 31 2020  0.37        0.37       0.43      Beat    17.2
 This summary was machine generated January 30 at 22:33 GMT.  All
figures in US dollars  unless otherwise stated