Silicon Laboratories (Nasdaq: SLAB ) is expected to report Q1 earnings on April 24. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Silicon Laboratories's revenues will increase 14.4% and EPS will expand 27.9%.
The average estimate for revenue is $143.9 million. On the bottom line, the average EPS estimate is $0.55.
Last quarter, Silicon Laboratories reported revenue of $152.5 million. GAAP reported sales were 20% higher than the prior-year quarter's $126.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.61. GAAP EPS of $0.43 for Q4 were 48% higher than the prior-year quarter's $0.29 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 61.4%, 50 basis points better than the prior-year quarter. Operating margin was 16.6%, 20 basis points better than the prior-year quarter. Net margin was 12.3%, 220 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $607.0 million. The average EPS estimate is $2.37.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 348 members out of 375 rating the stock outperform, and 27 members rating it underperform. Among 118 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 114 give Silicon Laboratories a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Silicon Laboratories is outperform, with an average price target of $46.36.
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