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Ahead of Monolithic (MPWR) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics
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Analysts on Wall Street project that Monolithic Power (MPWR - Free Report) will announce quarterly earnings of $4.12 per share in its forthcoming report, representing an increase of 30% year over year. Revenues are projected to reach $650.41 million, increasing 28.2% from the same quarter last year.
The current level reflects no revision 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.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link 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.
Bearing this in mind, let's now explore the average estimates of specific Monolithic metrics that are commonly monitored and projected by Wall Street analysts.
Analysts forecast 'Revenue by End Market- Storage and Computing' to reach $185.05 million. The estimate suggests a change of +61.1% year over year.
Based on the collective assessment of analysts, 'Revenue by End Market- Communications' should arrive at $75.73 million. The estimate suggests a change of +73.7% year over year.
Analysts' assessment points toward 'Revenue by End Market- Automotive' reaching $149.41 million. The estimate indicates a change of +71.4% from the prior-year quarter.
The combined assessment of analysts suggests that 'Revenue by End Market- Enterprise Data' will likely reach $137.45 million. The estimate indicates a change of -26.6% from the prior-year quarter.
The average prediction of analysts places 'Revenue by End Market- Industrial' at $44.27 million. The estimate suggests a change of +37.1% year over year.
The collective assessment of analysts points to an estimated 'Revenue by End Market- Consumer' of $58.56 million. The estimate indicates a change of +38.8% from the prior-year quarter.
Shares of Monolithic have experienced a change of -2.9% in the past month compared to the +4.9% move of the Zacks S&P 500 composite. With a Zacks Rank #2 (Buy), MPWR is expected to outperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Ahead of Monolithic (MPWR) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Analysts on Wall Street project that Monolithic Power (MPWR - Free Report) will announce quarterly earnings of $4.12 per share in its forthcoming report, representing an increase of 30% year over year. Revenues are projected to reach $650.41 million, increasing 28.2% from the same quarter last year.
The current level reflects no revision 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.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link 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.
Bearing this in mind, let's now explore the average estimates of specific Monolithic metrics that are commonly monitored and projected by Wall Street analysts.
Analysts forecast 'Revenue by End Market- Storage and Computing' to reach $185.05 million. The estimate suggests a change of +61.1% year over year.
Based on the collective assessment of analysts, 'Revenue by End Market- Communications' should arrive at $75.73 million. The estimate suggests a change of +73.7% year over year.
Analysts' assessment points toward 'Revenue by End Market- Automotive' reaching $149.41 million. The estimate indicates a change of +71.4% from the prior-year quarter.
The combined assessment of analysts suggests that 'Revenue by End Market- Enterprise Data' will likely reach $137.45 million. The estimate indicates a change of -26.6% from the prior-year quarter.
The average prediction of analysts places 'Revenue by End Market- Industrial' at $44.27 million. The estimate suggests a change of +37.1% year over year.
The collective assessment of analysts points to an estimated 'Revenue by End Market- Consumer' of $58.56 million. The estimate indicates a change of +38.8% from the prior-year quarter.
View all Key Company Metrics for Monolithic here>>>Shares of Monolithic have experienced a change of -2.9% in the past month compared to the +4.9% move of the Zacks S&P 500 composite. With a Zacks Rank #2 (Buy), MPWR is expected to outperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .