![]() ![]() ![]() Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Įmpirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. While Inphi has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? Analysts expected Inphi earnings of 33 cents a share on sales of 84 million, according to Zacks Investment Research. Inphi shares have added about 82.7% since the beginning of the year versus the S&P 500's gain of 2%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. The company has topped consensus revenue estimates four times over the last four quarters. This compares to year-ago revenues of $86.29 million. Sentiment for Inphi Corp is 33.60 more bullish than other Technology sector stocks. Inphi, which belongs to the Zacks Semiconductor - Analog and Mixed industry, posted revenues of $175.29 million for the quarter ended June 2020, surpassing the Zacks Consensus Estimate by 16.80%. Inphi Corp sentiment based on opinions from Zacks, MotleyFool and others. Over the last four quarters, the company has surpassed consensus EPS estimates three times. At this stage, it will be prudent to invest in stocks with a favorable Zacks Rank that are set to beat on earnings. AT&T (T) Management Updates Shareholders. A quarter ago, it was expected that this chip designer would post earnings of $0.64 per share when it actually produced earnings of $0.62, delivering a surprise of -3.13%. Next week, nearly 740 companies are slated to report results. With a customer-centric business model, AT&T (T) is likely to benefit from the increased deployment of mid-band spectrum and greater fiber densification. This quarterly report represents an earnings surprise of 46.15%. These figures are adjusted for non-recurring items. Wheeler was barely beaten out for the National League Cy Young Award in 2021 by Corbin Burnes, and the Phillies ace responded with another impressive. This compares to earnings of $0.35 per share a year ago. Inphi (IPHI) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.65 per share. Inphi (IPHI) delivered earnings and revenue surprises of 46.15 and 16.80, respectively, for the quarter ended June 2020. ![]()
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