Silicon Motion Technology Corp expected to post earnings of 45 cents a share - Earnings Preview

Reuters
10 hours ago
Silicon Motion Technology Corp <simo.oq> expected to post earnings of 45 cents a share - Earnings Preview </simo.oq>
  • Silicon Motion Technology Corp SIMO.OQ, SIMO.O is expected to show a fall in quarterly revenue when it reports results on April 29 for the period ending March 31 2025

  • The Hong Kong-based company is expected to report a 14.1% decrease in revenue to $162.691 million from $189.31 million a year ago, according to the mean estimate from 8 analysts, based on LSEG data.The company's guidance on February 6 2025, for the period ended March 31, was for revenue between $157.71 million and $167.27 million.

  • ​LSEG's mean analyst estimate for Silicon Motion Technology Corp is for earnings of 45 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 2 "hold" and 1 "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 Silicon Motion Technology Corp is $75.00​, above​ its last closing price of $44.06. ​​​

The company's guidance on February 5 2025 for the period ended March 31 was for Earnings before Interest and Taxes between USD12.166 million and USD16.199 million.The company's guidance on February 5 2025 for the period ended March 31 was for gross profit margin between USD47% and USD47.5%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Dec. 31 2024

0.76

0.77

0.91

Beat

18.6

Sep. 30 2024

0.85

0.85

0.92

Beat

8.1

Jun. 30 2024

0.97

0.95

0.96

Beat

1.2​

Mar. 31 2024

0.63

0.57

0.64

Beat

12

​​Dec. 31 2023

0.79

0.76

0.93

Beat

22.9

Sep. 30 2023

0.57

0.61

0.63

Beat

2.7​

Jun. 30 2023

0.50

0.48

0.38

Missed

-21.3

Mar. 31 2023

0.65

0.76

0.33

Missed

-56.5

This summary was machine generated April 25 at 21:31 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)

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