Lattice Semiconductor Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Portfolio Pulse from Avi Kapoor
Lattice Semiconductor Corporation (NASDAQ:LSCC) is set to release its Q4 earnings after the market closes on Feb. 12, 2024. Analysts predict a quarterly EPS of 44 cents, down from 49 cents a year ago, with revenue expected at $176.19 million, slightly up from $175.96 million. The company's shares rose 2.5% to $69.74 recently. Analysts have revised their price targets, with ratings ranging from Hold to Buy, and price targets adjusted to reflect current market conditions.
February 12, 2024 | 5:20 pm
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Lattice Semiconductor is anticipated to report a decrease in EPS from the previous year in its upcoming Q4 earnings, with a slight increase in revenue. The stock has recently seen a 2.5% increase in price.
The anticipated decrease in EPS could signal challenges, but the slight increase in revenue and recent stock price rise suggest a balanced outlook. Analysts' revised price targets and ratings indicate a cautious but not pessimistic view, leading to a neutral short-term impact.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100