SiTime CorpQ) expected to post earnings of 12 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 May 7 for the period ending March 31 2025 The Santa Clara California-based company is expected to report a 63.5% increase in revenue to $54.007 million from $33.02 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data.The company’s guidance on February 5 2025, for the period ended March 31, was for revenue between $53.00 million and $55.00 million. LSEG’s mean analyst estimate for SiTime Corp is for earnings of 12 cents per share. The company’s EPS guidance on February 5 2025, for the period ended March 31, was between $0.09 and $0.13 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 $250.00, above its last closing price of $165.27. Previous quarterly performance (using preferred earnings measure in US dollars). QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI ENDING ARTESTIMAT ESTIMATE MET, SE % E® MISSED Dec. 31 2024 0.42 0.42 0.48 Beat 13.1 Sep. 30 2024 0.26 0.26 0.40 Beat 53.8 Jun. 30 2024 0.04 0.04 0.12 Beat 209 Mar. 31 2024 -0.15 -0.15 -0.08 Beat 45.3 Dec. 0.21 0.21 0.24 Beat 17.1 31 2023 Sep. 30 2023 0.00 0.00 0.06 Beat 6,100 Jun. 30 2023 -0.30 -0.29 -0.22 Beat 25.4 Mar. 31 2023 0.00 0.00 0.09 Beat 4,400 This summary was machine generated May 5 at 23:09 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)