* Rambus Inc is expected to show a rise in quarterly revenue when it reports results on April 29 for the period ending March 31 2024
* The San Jose California-based company is expected to report a 16.0% increase in revenue to $132 million from $113.76 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.
* LSEG's mean analyst estimate for Rambus Inc is for earnings of 44 cents per share. The company's EPS guidance on February 5 2024, for the period ended March 31, was between $0.29 and $0.36
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "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 Rambus Inc is $80.00, above its last closing price of $58.12.
The company's guidance on February 5 2024 for the period ended March 31 was for Capital Expenditures of USD8 million. Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 0.45 0.45 0.47 Beat 4.9
Sep. 30 2023 0.41 0.41 0.43 Beat 5.4
Jun. 30 2023 0.39 0.39 0.44 Beat 12.8
Mar. 31 2023 0.42 0.42 0.44 Beat 4.8
Dec. 0.45 0.45 0.47 Beat 3.5
31 2022
Sep. 30 2022 0.41 0.41 0.41 Met 0
Jun. 30 2022 0.40 0.40 0.35 Missed -12.5
Mar. 31 2022 0.37 0.37 0.18 Missed -51.4
This summary was machine generated April 26 at 21:55 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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