* Monolithic Power Systems Inc is expected to show a fall in quarterly revenue when it reports results on May 1 for the period ending March 31 2024
* The Kirkland Washington-based company is expected to report a 0.7% decrease in revenue to $447.719 million from $451.07 million a year ago, according to the mean estimate from 12 analysts, based on LSEG data.The company's guidance on February 7 2024, for the period ended March 31, was for revenue between $437.00 million and $457.00 million.
* LSEG's mean analyst estimate for Monolithic Power Systems Inc is for earnings of $2.66 per share.
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "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 Monolithic Power Systems Inc is $779.50, above its last closing price of $677.23.
The company's guidance on February 7 2024 for the period ended March 31 was for gross profit margin between USD55.4% and USD56%. 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 2.85 2.85 2.88 Beat 1.2
Sep. 30 2023 3.06 3.07 3.08 Beat 0.3
Jun. 30 2023 2.81 2.80 2.82 Beat 0.7
Mar. 31 2023 2.96 2.96 3.00 Beat 1.4
Dec. 3.16 3.15 3.17 Beat 0.8
31 2022
Sep. 30 2022 3.52 3.50 3.53 Beat 0.9
Jun. 30 2022 2.95 2.95 3.25 Beat 10.3
Mar. 31 2022 2.27 2.26 2.45 Beat 8.5
This summary was machine generated April 29 at 20:48 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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