Q: What is Lattice Semiconductor 2023/Q4 Earnings Preview?
TigerGPT Answer: 【Forecast Data】
For Lattice Semiconductor this quarter, the financial forecast data is as follows:
- Earnings Per Share (EPS): $0.44
- Total Revenue: $176.19 million
- EBIT: $66.19 million
Compared to the same period last year:
- EPS has decreased by 10.20% (from $0.49).
- Total Revenue has increased by 0.13% (from $175.96 million).
- EBIT has decreased by 6.33% (from $70.65 million).
The decrease in EPS and EBIT suggests that the company may be facing higher costs or lower margins, while the slight increase in revenue indicates that the company is growing its sales, albeit at a slow pace.
【Quarterly Important News】
There were no specific positive or negative news items provided for the past quarter that are directly related to Lattice Semiconductor's development or operations.
【Forecast Viewpoints】
According to the provided articles, Lattice Semiconductor has a history of beating EPS and revenue estimates, which could suggest a strong performance in the upcoming earnings report. The company has also expanded its stock repurchase program, indicating confidence in its financial health and future prospects. Here are the references:
- Lattice Semiconductor Q4 2023 Earnings Preview
- Lattice Semiconductor Corp expected to post earnings of 44 cents a share - Earnings Preview
【Stock Trend Analysis】
Over the past quarter, Lattice Semiconductor's stock price has decreased by 19.71%. The latest stock price is $69.74, with a support level at $69.77 and a resistance level at $58.37. This indicates a downward trend, but the stock is currently trading near its support level, which could suggest a potential reversal if the earnings report is favorable.
【Options Large Order Analysis】
The options large order data provided does not contain specific information about the volume of call or put options, so we cannot draw a conclusion from this data regarding the market's expectations for the financial report.
【Analyst Ratings and Target Price Forecast】
Analysts have given Lattice Semiconductor a mix of recommendations with 2 recommending, 7 buying, and 4 holding. The mean target price is $76.73, with a low estimate of $60.00 and a high estimate of $95.00. This suggests that analysts see potential upside for the stock, indicating that the company may be at a standard valuation or slightly undervalued.
【Comprehensive Conclusion】
Lattice Semiconductor is expected to report a slight increase in revenue but a decrease in EPS and EBIT compared to the same period last year. The stock has been on a downward trend, but analyst ratings and target prices suggest potential upside. The company's history of beating estimates could bode well for the upcoming financial report.
Disclaimer: The above content is generated by the AI robot TigerGPT and does not represent any personal views. The content is for reference only and does not constitute any investment advice.
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