Silicom Ltd expected to post earnings of 66  cents a share - Earnings Preview

Silicom

28/07/2023 17:49

* Silicom Ltd  SILC.OQ   SILC.O  is expected to show a rise
in
quarterly revenue when it reports  results on July 31. 
    * The Kfar Saba Israel-based   company is expected to report
 a
13.5% increase in revenue to $38.765 million from $34.15 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. The company's guidance on May 1 2023, for the
period ended June 30, was for revenue between $38.00 million and
$39.00 million.
    * ​Refinitiv's mean analyst estimate for Silicom Ltd is for
earnings of 66 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
$58​, above​ its last closing price of $38.66. ​​​

The company's guidance on May 1 2023 for the period ended June
30 was for gross profit margin between USD32% and USD36%.
This summary was machine generated July 28 at 16:49 GMT.  All
figures in US dollars  unless otherwise stated