SiTime Corp SITM.OQ SITM.O is expected to show a rise in quarterly revenue when it reports results on February 5 for the period ending December 31 2024
The Santa Clara California-based company is expected to report a 51.0% increase in revenue to $64.02 million from $42.4 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data.The company's guidance on November 6 2024, for the period ended December 31, was for revenue between $63.00 million and $65.00 million.
LSEG's mean analyst estimate for SiTime Corp is for earnings of 42 cents per share. The company's EPS guidance on November 6 2024, for the period ended December 31, was between $0.39 and $0.45
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 1 "hold" and 1 "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 SiTime Corp is $225.00, above its last closing price of $204.20.
The company's guidance on November 6 2024 for the period ended December 31 was for gross profit margin between USD58% and USD58.5%.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 0.26 | 0.26 | 0.40 | Beat | 53.8 |
Jun. 30 2024 | 0.04 | 0.04 | 0.12 | Beat | 209 |
Mar. 31 2024 | -0.15 | -0.15 | -0.08 | Beat | 45.3 |
Dec. 31 2023 | 0.21 | 0.21 | 0.24 | Beat | 17.1 |
Sep. 30 2023 | 0.00 | 0.00 | 0.06 | Beat | 6,100 |
Jun. 30 2023 | -0.30 | -0.29 | -0.22 | Beat | 25.4 |
Mar. 31 2023 | 0.00 | 0.00 | 0.09 | Beat | 4,400 |
Dec. 31 2022 | 0.55 | 0.55 | 0.64 | Beat | 16.4 |
This summary was machine generated February 3 at 21:37 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)
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