We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Netlist (NLST) to Report Q3 Earnings: What's in the Cards?
Read MoreHide Full Article
Netlist, Inc. (NLST - Free Report) is expected to release third-quarter fiscal 2018 results on Nov 8.
Notably, the company missed the Zacks Consensus Estimate in one of the trailing four quarters recording average negative surprise of 33.3%.
In the last reported quarter, the company reported loss of 4 cents per in line with the Zacks Consensus Estimate. Revenues were $8 million, down 27.6% from the year-ago quarter. Further, the figure lagged the Zacks Consensus Estimate of $10 million.
What to Expect
The Zacks Consensus Estimate for earnings shows an increase of 40% year over year to a loss of 2 cents per share for the to-be reported quarter. The consensus estimate for revenues is pegged at $8.9 million, down 1.2% year over year.
Let’s see how things are shaping up prior to this announcement.
Factors to Consider
Netlist continues to benefit from its nonvolatile (“NV”) memory products, such as EXPRESSvault PCIe, a plug-and-play memory card and NVvault DDR3 NVDIMM. These products offer data acceleration and data protection for server appliances, designed to meet the needs of x86-based platform designers.
We expect the company’s product launches and strategies to gain traction in the server market and bolster its near-term performance further.
The company also entered into an agreement with ScaleMP, a premier software-defined computing company. The partnership will help Netlist to provide maximum consumer satisfaction via higher adoption of HybriDIMM’s cost-effective fast storage and memory know-hows.
The company recently announced a partnership with Nyriad to boost its products using Nyriad's software. The companies have collaborated to develop GPU-accelerated storage to address the need of a storage system that facilitates fast data applications and new technologies.
We believe all these factors will positively impact the company’s to-be-reported results.
However, with stiff competition and pricing pressure remains a woe.
According to the Zacks model, a company with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) has a good chance of beating estimates if it also has a positive Earnings ESP. Zacks Rank #4 (Sell) or 5 (Strong Sell) stocks are best avoided. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Netlist Technologies has an Earnings ESP of 0.00% and a Zacks Rank #2.
Stocks With Favorable Combination
Here are some companies you may want to consider as our model shows that these stocks have the right combination of elements to post an earnings beat:
Northern Oil and Gas, Inc. (NOG - Free Report) has an Earnings ESP of +6.52% and a Zacks Rank #2.
Activision Blizzard, Inc has an Earnings ESP of +1.75% and a Zacks Rank #3.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
Image: Bigstock
Netlist (NLST) to Report Q3 Earnings: What's in the Cards?
Netlist, Inc. (NLST - Free Report) is expected to release third-quarter fiscal 2018 results on Nov 8.
Notably, the company missed the Zacks Consensus Estimate in one of the trailing four quarters recording average negative surprise of 33.3%.
In the last reported quarter, the company reported loss of 4 cents per in line with the Zacks Consensus Estimate. Revenues were $8 million, down 27.6% from the year-ago quarter. Further, the figure lagged the Zacks Consensus Estimate of $10 million.
What to Expect
The Zacks Consensus Estimate for earnings shows an increase of 40% year over year to a loss of 2 cents per share for the to-be reported quarter. The consensus estimate for revenues is pegged at $8.9 million, down 1.2% year over year.
Let’s see how things are shaping up prior to this announcement.
Factors to Consider
Netlist continues to benefit from its nonvolatile (“NV”) memory products, such as EXPRESSvault PCIe, a plug-and-play memory card and NVvault DDR3 NVDIMM. These products offer data acceleration and data protection for server appliances, designed to meet the needs of x86-based platform designers.
We expect the company’s product launches and strategies to gain traction in the server market and bolster its near-term performance further.
The company also entered into an agreement with ScaleMP, a premier software-defined computing company. The partnership will help Netlist to provide maximum consumer satisfaction via higher adoption of HybriDIMM’s cost-effective fast storage and memory know-hows.
The company recently announced a partnership with Nyriad to boost its products using Nyriad's software. The companies have collaborated to develop GPU-accelerated storage to address the need of a storage system that facilitates fast data applications and new technologies.
We believe all these factors will positively impact the company’s to-be-reported results.
However, with stiff competition and pricing pressure remains a woe.
Netlist, Inc. Price and EPS Surprise
Netlist, Inc. Price and EPS Surprise | Netlist, Inc. Quote
What Our Model Says
According to the Zacks model, a company with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) has a good chance of beating estimates if it also has a positive Earnings ESP. Zacks Rank #4 (Sell) or 5 (Strong Sell) stocks are best avoided. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Netlist Technologies has an Earnings ESP of 0.00% and a Zacks Rank #2.
Stocks With Favorable Combination
Here are some companies you may want to consider as our model shows that these stocks have the right combination of elements to post an earnings beat:
Adobe Systems Incorporated (ADBE - Free Report) has an Earnings ESP of +0.19% and a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.
Northern Oil and Gas, Inc. (NOG - Free Report) has an Earnings ESP of +6.52% and a Zacks Rank #2.
Activision Blizzard, Inc has an Earnings ESP of +1.75% and a Zacks Rank #3.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>