Market Overview

Integrated Device Tech's Earnings Outlook

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Integrated Device Tech (NASDAQ: IDTI) announces its next round of earnings Monday. Here is Benzinga's everything-that-matters guide for today's Q3 earnings announcement.

Earnings and Revenue

Integrated Device Tech earnings will be near 41 cents per share on sales of $214.7 million, according to analysts.

Integrated Device Tech EPS in the same period a year ago totaled 35 cents per share. Sales were $176.3 million. The analyst consensus estimate would represent 21.7 percent sales growth from the same quarter last year.

Integrated Device Tech's reported EPS has stacked up against analyst estimates in the past like this:

 

Quarter Q2 2018 Q1 2018 Q4 2017 Q3 2017
EPS Estimate 0.34 0.32 0.34 0.34
EPS Actual 0.35 0.33 0.35 0.35

 

Q3 EPS Estimate: 41 cents per share
Q3 Revenues Estimate: $214 million

Stock Performance

Shares of Integrated Device Tech were trading at $33.72 as of Jan. 26. Over the last 52-week period, shares are up 29.8 percent. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The most common rating by analysts on Integrated Device Tech stock is a Sell. The strength of this rating has dwindled over the past three months.

Conference Call

Integrated Device Tech's Q3 conference call is scheduled to begin at 8:00 a.m. ET and can be accessed here: https://www.idt.com

 

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