Cypress Semiconductor Corporation is slated to release fourth-quarter 2018 results on Jan 31.
Notably, the company surpassed the Zacks Consensus Estimate in each of the trailing four quarters, with average positive surprise of 10.89%.
In the last reported quarter, the company’s earnings as well as revenues surpassed the Zacks Consensus Estimate, and also recorded year-over-year improvement on both counts.
For the fourth quarter, Cypress Semiconductor anticipates revenues in the range of $585-$615 million. The Zacks Consensus Estimate for revenues is pegged at $598.7 million.
Non-GAAP earnings for the quarter are anticipated in the range of 31-35 cents. The Zacks Consensus Estimate for the same is projected at 33 cents.
The company anticipates non-GAAP gross margin between 47% and 48%.
Let’s see how things are shaping up prior to this announcement.
Cypress Semiconductor Corporation Price and EPS Surprise
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From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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Cypress Semiconductor Corporation is slated to release fourth-quarter 2018 results on Jan 31.
Notably, the company surpassed the Zacks Consensus Estimate in each of the trailing four quarters, with average positive surprise of 10.89%.
In the last reported quarter, the company’s earnings as well as revenues surpassed the Zacks Consensus Estimate, and also recorded year-over-year improvement on both counts.
For the fourth quarter, Cypress Semiconductor anticipates revenues in the range of $585-$615 million. The Zacks Consensus Estimate for revenues is pegged at $598.7 million.
Non-GAAP earnings for the quarter are anticipated in the range of 31-35 cents. The Zacks Consensus Estimate for the same is projected at 33 cents.
The company anticipates non-GAAP gross margin between 47% and 48%.
Let’s see how things are shaping up prior to this announcement.
Cypress Semiconductor Corporation Price and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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