![Earnings To Watch: Monolithic Power Systems (MPWR) Reports Q4 Results Tomorrow](https://d1-invdn-com.investing.com/content/picc125b226ce4bb31a6f20a8ff0ca34ec0.jpeg)
Earnings To Watch: Monolithic Power Systems (MPWR) Reports This autumn Results Tomorrow
Power administration chips maker Monolithic Power Systems (NASDAQ:)
will likely be reporting outcomes tomorrow after market shut. Here’s what to search for.
Last quarter Monolithic Power Systems reported revenues of $474.9 million, down 4.1% 12 months on 12 months, in keeping with analyst expectations. It was a blended quarter for the corporate, with a big enchancment in its stock ranges however a decline in its gross margin.
Is Monolithic Power Systems purchase or promote heading into the earnings? Find out by studying the unique article on StockStory.
This quarter analysts predict Monolithic Power Systems’s income to say no 1.7% 12 months on 12 months to $452.2 million, an extra deceleration on the 36.7% year-over-year lower in income the corporate had recorded in the identical quarter final 12 months. Adjusted earnings are anticipated to come back in at $2.85 per share.
Majority of analysts masking the corporate have reconfirmed their estimates during the last thirty days, suggesting they’re anticipating the enterprise to remain the course heading into the earnings. The firm solely missed Wall St’s income estimates as soon as during the last two years, and has on common exceeded prime line expectations by 2.2%.
Looking at Monolithic Power Systems’s friends within the analog semiconductors section, a few of them have already reported This autumn earnings outcomes, giving us a touch what we are able to count on. MACOM’s revenues decreased 12.7% 12 months on 12 months, beating analyst estimates by 2.9% and NXP Semiconductors (NASDAQ:) reported revenues up 3.3% 12 months on 12 months, exceeding estimates by 0.7%. MACOM traded up 4.3% on the outcomes, and NXP Semiconductors was up 2.9%.
Read the total evaluation of MACOM’s and NXP Semiconductors’s outcomes on StockStory.
There has been constructive sentiment amongst buyers within the analog semiconductors section, with the shares up on common 3% during the last month. Monolithic Power Systems is up 9.4% throughout the identical time, and is heading into the earnings with with analyst value goal of $632.8, in comparison with share value of $646.2.
The creator has no place in any of the shares talked about.