Arm Holdings PLC ARM.OQ, ARM.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 Cambridge Cambridgeshire-based company is expected to report a 14.9% increase in revenue to $946.726 million from $824 million a year ago, according to the mean estimate from 23 analysts, based on LSEG data.
LSEG's mean analyst estimate for Arm Holdings PLC is for earnings of 34 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 23 "strong buy" or "buy," 12 "hold" and 3 "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 Arm Holdings PLC is $160.00, above its last closing price of $159.55.
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 | 0.30 | Beat | 17.2 |
Jun. 30 2024 | 0.34 | 0.34 | 0.40 | Beat | 16.1 |
Mar. 31 2024 | 0.31 | 0.30 | 0.36 | Beat | 18.1 |
Dec. 31 2023 | 0.25 | 0.25 | 0.29 | Beat | 16.6 |
Sep. 30 2023 | 0.26 | 0.26 | 0.36 | Beat | 40.6 |
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This summary was machine generated February 3 at 21:16 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)