• Allegro Microsystems Inc ALGM.OQ ALGM.O is expected to show a fall in quarterly revenue when it reports results on January 30 for the period ending December 31 2024

• The Manchester New Hampshire-based company is expected to report a 30.9% decrease in revenue to $176.28 million from $254.98 million a year ago, according to the mean estimate from 10 analysts, based on LSEG data.The company's guidance on October 31 2024, for the period ended December 31, was for revenue between $170.00 million and $180.00 million.

• ​LSEG's mean analyst estimate for Allegro Microsystems Inc is for earnings of 7 cents per share. The company's EPS guidance on October 31 2024, for the period ended December 31, was between $0.04 and $0.08

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The mean earnings estimate of analysts was unchanged in the last three months. ​

• Wall Street's median 12-month price target for Allegro Microsystems Inc is $30.00​, above​ its last closing price of $23.23. ​​​

The company's guidance on October 31 2024 for the period ended December 31 was for gross profit margin between USD49% and USD51%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

This summary was machine generated January 28 at 13:45 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)