Integrated Device Tech IDTI announces its next round of earnings Monday. Here is Benzinga's everything-that-matters guide for the Q4 earnings announcement.
Earnings and Revenue
Integrated Device Tech EPS is expected to be around 44 cents per share, according to sell-side analysts. Sales will likely be near $222.2 million.
In the same quarter last year, Integrated Device Tech posted EPS of 35 cents on sales of $175.69 million. The analyst consensus estimate would represent a 25.71 percent increase in the company's earnings. Revenue would be have grown 26.47 percent from the same quarter last year. The company's reported EPS has stacked up against analyst estimates in the past like this:
Quarter | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
EPS Estimate | 0.41 | 0.34 | 0.32 | 0.34 |
EPS Actual | 0.42 | 0.35 | 0.33 | 0.35 |
Stock Performance
Over the last 52-week period, shares are up 17.04 percent. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release. Analysts' have adjusted their estimates higher for EPS and revenues over the past 90 days. The popular rating by analysts on Integrated Device Tech stock is a Neutral. The strength of this rating has risen over the past 90 days.
Conference Call
The Integrated Device Tech's Q4 conference call is scheduled to begin at 4:30 p.m. ET and can be accessed here: https://www.idt.com/
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.