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Market Overview

Lattice Semiconductor's Earnings Outlook

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Lattice Semiconductor (NASDAQ:LSCC) announces its next round of earnings this Tuesday, February 16. Here is Benzinga's everything-that-matters guide for this Tuesday's Q4 earnings announcement.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Analysts predict Lattice Semiconductor will report earnings of $0.17 per share on revenue of $103.15 million. In the same quarter last year, Lattice Semiconductor reported earnings per share of $0.17 on revenue of $100.24 million.

Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

The Wall Street consensus estimate for earnings would represent no change for the company. Sales would be up 2.91% on a year-over-year basis. Lattice Semiconductor's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2019
EPS Estimate 0.16 0.15 0.14 0.15
EPS Actual 0.19 0.17 0.15 0.17
Revenue Estimate 100.98 M 100.02 M 98.26 M 100.06 M
Revenue Actual 103.04 M 100.59 M 97.32 M 100.24 M

Stock Performance

Shares of Lattice Semiconductor were trading at $46.85 as of February 11. Over the last 52-week period, shares are up 144.52%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Lattice Semiconductor is scheduled to hold the call at 17:00:00 ET and can be accessed here.

 

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Posted-In: BZI-EPEarnings