Super Micro Computer (SMCI) Scheduled to Post Quarterly Earnings on Tuesday
Super Micro Computer (NASDAQ:SMCI) is scheduled to be issuing its Q114 quarterly earnings data on Tuesday, October 22nd. Analysts expect the company to announce earnings of $0.22 per share and revenue of $307.23 million for the quarter. Super Micro Computer has set its Q1 guidance at $0.17 to $0.23 EPS.
Super Micro Computer (NASDAQ:SMCI) last announced its earnings results on Tuesday, August 6th. The company reported $0.26 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.21 by $0.05. The company had revenue of $322.30 million for the quarter, compared to the consensus estimate of $305.38 million. During the same quarter in the prior year, the company posted $0.18 earnings per share. The company’s quarterly revenue was up 16.8% on a year-over-year basis.
Super Micro Computer (NASDAQ:SMCI) opened at 14.24 on Monday. Super Micro Computer has a one year low of $7.85 and a one year high of $14.48. The stock’s 50-day moving average is $13.59 and its 200-day moving average is $11.72. The company has a market cap of $608.1 million and a P/E ratio of 29.54.
Several analysts have recently commented on the stock. Analysts at Stifel Nicolaus downgraded shares of Super Micro Computer from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, October 16th. They now have a $14.00 price target on the stock. Analysts at Needham & Company raised their price target on shares of Super Micro Computer from $13.00 to $15.00 in a research note to investors on Wednesday, August 7th. They now have a “buy” rating on the stock.
Super Micro Computer, Inc develops and provides end-to-end green computing solutions for Enterprise IT, Datacenter, Cloud Computing, High Performance Computing (NASDAQ:SMCI), and Embedded Systems globally.
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