Silicon Laboratories Inc expected to post earnings of $1.03 a share - Earnings Preview

Silicon Laboratories

24/07/2023 19:32

* Silicon Laboratories Inc  SLAB.OQ   SLAB.O  is expected
to show
a fall in quarterly revenue when it reports  results on July
26. 
    * The Austin Texas-based  company is expected to report  a
7.7% decrease in revenue to $242.936 million from $263.15
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. The company's guidance on
April 26 2023, for the period ended June 30, was for revenue
between $238.00 million and $248.00 million.
    * ​Refinitiv's mean analyst estimate for Silicon
Laboratories Inc
is for earnings of $1.03 per share. The company's EPS guidance
on April 26 2023, for the period ended June 30, was between
$0.98 and $1.08 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 5
"hold" and 1 "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 Silicon
Laboratories Inc is $180​, above​ its last closing price
of $157.85. ​​​

The company's guidance on April 26 2023 for the period ended
June 30 was for gross profit margin between USD60% and USD61%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  1.11        1.11       1.12      Beat    1.1
 Dec. 31 2023  0.98        0.98       1.31      Beat    34
 Sep. 30 2022  1.13        1.12       1.21      Beat    8.2​
 Jun. 30 2022  0.90        0.90       1.17      Beat    30
 ​​Mar.        0.65        0.64       1.05      Beat    63.1
 31 2022                                                
 Dec. 31 2021  0.57        0.57       0.77      Beat    35.5​
 Sep. 30 2021  0.15        0.15       0.34      Beat    124.3
 Jun. 30 2021  0.93        0.93       1.05      Beat    12.8
 This summary was machine generated July 24 at 18:32 GMT.  All
figures in US dollars  unless otherwise stated