Power Integrations Inc <POWI.OQ> expected to post earnings of 28 cents a share - Earnings Preview
Power Integrations Inc POWI.OQ POWI.O is expected to show a rise in quarterly revenue when it reports results on February 6 for the period ending December 31 2024
The San Jose California-based company is expected to report a 17.5% increase in revenue to $105.14 million from $89.51 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.The company's guidance on November 6 2024, for the period ended December 31, was for revenue between $100.00 million and $110.00 million.
LSEG's mean analyst estimate for Power Integrations Inc is for earnings of 28 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 1 "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 Power Integrations Inc is $78.00, above its last closing price of $60.37.
The company's guidance on November 6 2024 for the period ended December 31 was for gross profit margin between USD55% and USD55.5%.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 0.36 | 0.36 | 0.40 | Beat | 11.1 |
Jun. 30 2024 | 0.26 | 0.26 | 0.28 | Beat | 7 |
Mar. 31 2024 | 0.12 | 0.12 | 0.18 | Beat | 46 |
Dec. 31 2023 | 0.15 | 0.15 | 0.22 | Beat | 48.3 |
Sep. 30 2023 | 0.47 | 0.47 | 0.46 | Missed | -2.8 |
Jun. 30 2023 | 0.34 | 0.34 | 0.36 | Beat | 6.4 |
Mar. 31 2023 | 0.25 | 0.25 | 0.25 | Met | 1.4 |
Dec. 31 2022 | 0.46 | 0.46 | 0.48 | Beat | 4.7 |
This summary was machine generated February 4 at 21:29 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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