Synaptics Inc reports results for the quarter ended in September - Earnings Summary

Synaptics Incorporated

03/11/2022 22:31

* Synaptics Inc  SYNA.OQ  reported quarterly adjusted
earnings of
$3.52​​ per share for the quarter ended in September. The mean
expectation of ten analysts for the quarter was for earnings of
$3.31 per share.
    * Revenue rose 20.2% to $448.10 million from a year ago;
analysts
expected $450.66 million. 
    * Synaptics Inc's reported EPS for the quarter was $1.59​.
    * The mean earnings estimate of analysts had fallen by
about 2.2%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Synaptics Inc shares had fallen by 13.0% this quarter and
lost 70.2% so far this year.
    * The company reported quarterly net income of $64.6
million.
    * Wall Street's median 12-month price target for Synaptics
Inc is
$132.50 
    * 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." 

This summary was machine generated from Refinitiv data November
3 at 10:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      3.31           3.52           Beat
 Jun. 30 2022      3.67           3.87           Beat
 Mar. 31 2022      3.55           3.75           Beat
 Dec. 31 2021      3.10           3.26           Beat