Inphi's Earnings Preview

On Thursday, August 1, Inphi IPHI will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

Earnings and Revenue

Based on Inphi management projections, analysts predict EPS of 33 cents on revenue of $84.77 million.

In the same quarter last year, Inphi reported EPS of 15 cents on revenue of $69.81 million. The Wall Street estimate would represent a 120.00% increase in the company's earnings. Revenue would be up 21.42% on a year-over-year basis. Here's how the company's EPS has stacked up against analyst estimates in the past:

Stock Performance

Over the last 52-week period, shares are up 94.93%. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release. Over the past 90 days, analysts have adjusted their estimates higher for EPS and revenues. Analysts seem to have settled on a Neutral rating with Inphi. The strength of this rating has maintained conviction over the past three months.

Conference Call

Don't be surprised to see the stock move on comments made during its conference call. Inphi is scheduled to hold the call at 5:00 p.m. ET and can be accessed here: https://edge.media-server.com/mmc/p/un3rxrm4