Silicon Laboratories Inc expected to post earnings of 61  cents a share - Earnings Preview

Silicon Laboratories

20/10/2023 16:42

* Silicon Laboratories Inc  SLAB.OQ   SLAB.O  is expected
to show
a fall in quarterly revenue when it reports  results 
    * The Austin Texas-based  company is expected to report  a
25.8% decrease in revenue to $200.243 million from $269.82
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. The company's guidance on
July 26 2023, for the period ended September 30, was for revenue
between $190.00 million and $210.00 million.
    * ​Refinitiv's mean analyst estimate for Silicon
Laboratories Inc
is for earnings of 61 cents per share. The company's EPS
guidance on July 26 2023, for the period ended September 30, was
between $0.45 and $0.73 
    * 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 $165​, above​ its last closing price
of $101.33. ​​​

The company's guidance on July 26 2023 for the period ended
September 30 was for gross profit margin of USD59%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  1.03        1.03       1.04      Beat    1
 Mar. 31 2023  1.11        1.11       1.12      Beat    1.1
 Dec. 31 2022  0.98        0.98       1.31      Beat    34​
 Sep. 30 2022  1.13        1.12       1.21      Beat    8.2
 ​​Jun.        0.90        0.90       1.17      Beat    30
 30 2022                                                
 Mar. 31 2022  0.65        0.64       1.05      Beat    63.1​
 Dec. 31 2021  0.57        0.57       0.77      Beat    35.5
 Sep. 30 2021  0.15        0.15       0.34      Beat    124.3
 This summary was machine generated October 20 at 15:42 GMT.  All
figures in US dollars  unless otherwise stated