Back to top

Image: Bigstock

Seeking Clues to M/A-Com (MTSI) Q2 Earnings? A Peek Into Wall Street Projections for Key Metrics

Read MoreHide Full Article

Wall Street analysts expect M/A-Com (MTSI - Free Report) to post quarterly earnings of $0.84 per share in its upcoming report, which indicates a year-over-year increase of 42.4%. Revenues are expected to be $230.08 million, up 27% from the year-ago quarter.

The current level reflects an upward revision of 1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.

Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.

While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.

That said, let's delve into the average estimates of some M/A-Com metrics that Wall Street analysts commonly model and monitor.

It is projected by analysts that the 'Revenue by Primary Markets- Telecommunications' will reach $57.36 million. The estimate indicates a year-over-year change of +21.5%.

According to the collective judgment of analysts, 'Revenue by Primary Markets- Industrial & Defense' should come in at $100.92 million. The estimate points to a change of +11% from the year-ago quarter.

Based on the collective assessment of analysts, 'Revenue by Primary Markets- Data Center' should arrive at $71.82 million. The estimate indicates a year-over-year change of +66.4%.

View all Key Company Metrics for M/A-Com here>>>

M/A-Com shares have witnessed a change of +26.6% in the past month, in contrast to the Zacks S&P 500 composite's +11.5% move. With a Zacks Rank #3 (Hold), MTSI is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


MACOM Technology Solutions Holdings, Inc. (MTSI) - free report >>

Published in