Silicon Laboratories Inc reports results for the quarter ended in June - Earnings Summary

Silicon Laboratories

27/07/2022 17:57

* Silicon Laboratories Inc  SLAB.OQ  reported quarterly
adjusted
earnings of $1.17​​ per share for the quarter ended in June. The
mean expectation of eleven analysts for the quarter was
for earnings of 90 cents per share.
    * Revenue rose 55.3% to $263.15 million from a year ago;
analysts
expected $250.41 million. 
    * Silicon Laboratories Inc's reported EPS for the quarter
was 60
cents​.
    * The mean earnings estimate of analysts had risen by
about 10.9%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Silicon Laboratories Inc shares had fallen by 1.2% this
quarter and lost 32.9% so far this year.
    * The company reported quarterly net income of $22.14
million.
    * Wall Street's median 12-month price target for Silicon
Laboratories Inc is $160.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 27
at 04:57 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.90           1.17           Beat
 Mar. 31 2022      0.64           1.05           Beat
 Dec. 31 2021      0.57           0.77           Beat
 Sep. 30 2021      0.15           0.34           Beat