Silicon Laboratories Inc expected to post earnings of $1.11 a share - Earnings Preview

Silicon Laboratories

24/04/2023 19:33

* Silicon Laboratories Inc  SLAB.OQ   SLAB.O  is expected
to show
a rise in quarterly revenue when it reports  results on April
26. 
    * The Austin Texas-based  company is expected to report  a
5.9% increase in revenue to $247.55 million from $233.81 million
a year ago, according to the mean estimate from 7 analysts,
based on Refinitiv data. The company's guidance on February 1
2023, for the period ended March 31, was for revenue between
$242.00 million and $252.00 million.
    * ​Refinitiv's mean analyst estimate for Silicon
Laboratories Inc
is for earnings of $1.11 per share. The company's EPS guidance
on February 1 2023, for the period ended March 31, was between
$1.07 and $1.17 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 4
"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 $200​, above​ its last closing price
of $166.50. ​​​

The company's guidance on February 1 2023 for the period ended
March 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  
 Dec. 31 2022  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. 31 2022  0.65        0.64       1.05      Beat    63.1
 ​​Dec.        0.57        0.57       0.77      Beat    35.5
 31 2021                                                
 Sep. 30 2021  0.15        0.15       0.34      Beat    124.3​
 Jun. 30 2021  0.93        0.93       1.05      Beat    12.8
 Mar. 31 2021  0.90        0.80       0.91      Beat    14.2
 This summary was machine generated April 24 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated