Synaptics Inc reports results for the quarter ended December 31 - Earnings Summary

Reuters
07 Feb
Synaptics Inc reports results for the quarter ended December 31 - Earnings Summary
  • Synaptics Inc SYNA.OQ reported quarterly adjusted earnings of 92 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 57 cents. The mean expectation of nine analysts for the quarter was for earnings of 86 cents per share. Wall Street expected results to range from 85 cents to 88 cents per share.

  • Revenue rose 12.7% to $267.20 million from a year ago; analysts expected $265.59 million.

  • Synaptics Inc's reported EPS for the quarter was 5 cents​.

  • The company reported quarterly net income of $1.8 million.

  • Synaptics Inc shares had fallen by 0.5% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts was unchanged in the last three months.​

  • In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."

  • The average consensus recommendation for the semiconductors peer group is also "buy"

Wall Street's median 12-month price target for Synaptics Inc is $93.50

This summary was machine generated from LSEG data February 6 at 10:01 p.m. UTC. ​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)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2024

0.86

0.92

Beat

Sep. 30 2024

0.75

0.81

Beat

Jun. 30 2024

0.55

0.64

Beat

Mar. 31 2024

0.49

0.53

Beat

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