Synaptics Inc expected to post earnings of $3.31 a share - Earnings Preview

Synaptics Incorporated

02/11/2022 02:10

* Synaptics Inc  SYNA.OQ   SYNA.O  is expected to show a
rise in
quarterly revenue when it reports  results on November 3. 
    * The San Jose California-based  company is expected to
report  a
21.2% increase in revenue to $451.62 million from $372.7 million
a year ago, according to the mean estimate from 10 analysts,
based on Refinitiv data. The company's guidance on August 4
2022, for the period ended September 30, was for revenue between
$440.00 million and $470.00 million.
    * ​Refinitiv's mean analyst estimate for Synaptics Inc is
for
earnings of $3.31 per share. The company's EPS guidance on
August 4 2022, for the period ended September 30, was between
USD3.2 and USD3.5 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 3
"hold" and no "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 Synaptics
Inc is
$135​, above​ its last closing price of $90.05. ​​​

The company's guidance on August 4 2022 for the period ended
September 30 was for gross profit margin between USD60.5% and
USD61.5%.
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 2022  3.67        3.67       3.87      Beat    5.4
 Mar. 31 2022  3.55        3.55       3.75      Beat    5.6
 Dec. 31 2021  3.11        3.10       3.26      Beat    5​
 Sep. 30 2021  2.58        2.59       2.68      Beat    3.6
 ​​Jun.        2.00        2.00       2.18      Beat    8.8
 30 2021                                                
 Mar. 31 2021  1.90        1.89       2.03      Beat    7.1​
 Dec. 31 2020  2.14        2.13       2.30      Beat    8.1
 Sep. 30 2020  1.68        1.67       1.85      Beat    10.5
 This summary was machine generated November 2 at 02:09 GMT.  All
figures in US dollars  unless otherwise stated