SiTime Corp <SITM.OQ> expected to post earnings of 42 cents a share - Earnings Preview

• SiTime Corp SITM.OQ SITM.O is expected to show a rise in quarterly revenue when it reports results on February 5 for the period ending December 31 2024

• The Santa Clara California-based company is expected to report a 51.0% increase in revenue to $64.02 million from $42.4 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data.The company's guidance on November 6 2024, for the period ended December 31, was for revenue between $63.00 million and $65.00 million.

• ​LSEG's mean analyst estimate for SiTime Corp is for earnings of 42 cents per share. The company's EPS guidance on November 6 2024, for the period ended December 31, was between $0.39 and $0.45

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell."

• The mean earnings estimate of analysts was unchanged in the last three months. ​

• Wall Street's median 12-month price target for SiTime Corp is $225.00​, above​ its last closing price of $204.20. ​​​

The company's guidance on November 6 2024 for the period ended December 31 was for gross profit margin between USD58% and USD58.5%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

This summary was machine generated February 3 at 21:37 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)