Mellanox Technologies Earnings Preview

Mellanox Technologies MLNX releases its next round of earnings Thursday. Here's Benzinga's essential guide to Mellanox Technologies's earnings report.

Earnings and Revenue

Analysts expect Mellanox Technologies earnings of 68 cents per share. Revenue will likely be around $235.5 million, according to the consensus estimate.

In the same quarter last year, Mellanox Technologies reported earnings per share of 18 cents per share on revenue of $221 million. If the company were to report inline earnings when it publishes results Thursday, quarterly profit would be down 17.07 percent. Sales would be up 6.24 percent from the year-ago period.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

 

Quarter Q3 2017 Q2 2017 Q1 2017 Q4 2016
EPS Estimate 0.64 0.44 0.49 0.86
EPS Actual 0.71 0.44 0.29 0.82

 

Q4 EPS Estimate: 68 cents per share
Q4 Revenues Estimate: $235 million

Stock Performance

Shares of Mellanox Technologies were trading at $64.3 as of Jan. 18. Over the last 52-week period, shares are up 49.7 percent. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. The most common rating from analysts on Mellanox Technologies stock is a Neutral. The strength of this rating has maintained conviction over the past three months.

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