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What Does Wall Street See for Silicon Laboratories's Q1?

By Seth Jayson - Updated Apr 10, 2017 at 1:48PM

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Checking expectations

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.

Revenue details
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.

EPS details
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.

Recent performance
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.

Looking ahead

The full year's average estimate for revenue is $607.0 million. The average EPS estimate is $2.37.

Investor sentiment
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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Stocks Mentioned

Silicon Laboratories Inc. Stock Quote
Silicon Laboratories Inc.
SLAB
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