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Stock impact report

SMTC Set to Report Q3 Earnings: What's in Store for the Stock? [Yahoo! Finance]

Semtech Corporation (SMTC) 
Last semtech corporation earnings: 3/11 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.semtech.com/investor-relations
Company Research Source: Yahoo! Finance
For the fiscal third quarter, Semtech anticipates revenues to be $233 million (+/- 5 million). The Zacks Consensus Estimate for revenues is pegged at $232.6 million, indicating a rise of 15.8% from the year-ago quarter. SMTC anticipates non-GAAP earnings per share to be 23 cents (+/- 3 cents per share). The consensus mark for the same is pegged at 24 cents, unchanged over the past 60 days, indicating a robust improvement from the year-ago quarter's earnings of 2 cents. In the trailing four quarters, Semtech's earnings surpassed the Zacks Consensus Estimate thrice while missing once, the average surprise being 34%. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. Semtech's fiscal third-quarter performance is likely to have benefited from strength across its infrastructure and high-end-consumer end markets.Similarly, the wireless end-market is likely to have witnessed strong growth owing to SMTC's increasing 5G offerings and expansion of its distribution Show less Read more
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