Silicom Ltd expected to post a loss of 3 cents a share - Earnings Preview

Silicom

30/01/2024 14:50

* Silicom Ltd  SILC.OQ   SILC.O  is expected to show a fall
in
quarterly revenue when it reports  results on February 1 for the
period ending December 31 2023
    * The Kfar Saba Israel-based   company is expected to report
a
55.7% decrease in revenue to $20 million from $45.19 million a
year ago, according to the estimate from one analyst, based on
LSEG data.The company's guidance on October 26 2023, for the
period ended December 31, was for revenue between $20.00 million
and $21.00 million.
    * ​LSEG's mean analyst estimate for Silicom Ltd is for a
loss of 3
cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Silicom Ltd
is
$20.00​, above​ its last closing price of $17.05. ​​​

This summary was machine generated January 30 at 14:49 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)