Freescale Semiconductor Ltd (FSL) Scheduled to Post Earnings on Thursday
Freescale Semiconductor Ltd (NYSE:FSL) is scheduled to be releasing its Q313 earnings data on Thursday, October 24th. Analysts expect Freescale Semiconductor Ltd to post earnings of $0.20 per share and revenue of $1.07 billion for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.
Freescale Semiconductor Ltd (NYSE:FSL) last issued its quarterly earnings data on Thursday, July 25th. The company reported $0.09 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.07 by $0.02. The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter last year, the company posted $0.07 earnings per share. Freescale Semiconductor Ltd’s revenue was up .9% compared to the same quarter last year. On average, analysts expect Freescale Semiconductor Ltd to post $0.52 EPS for the current fiscal year and $1.49 EPS for the next fiscal year.
Shares of Freescale Semiconductor Ltd (NYSE:FSL) opened at 17.41 on Wednesday. Freescale Semiconductor Ltd has a one year low of $7.63 and a one year high of $17.44. The stock has a 50-day moving average of $15.22 and a 200-day moving average of $15.07. The company’s market cap is $4.480 billion.
A number of analysts have recently weighed in on FSL shares. Analysts at Zacks upgraded shares of Freescale Semiconductor Ltd from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, October 7th. They now have a $17.50 price target on the stock. On a related note, analysts at Needham & Company reiterated a “positive” rating on shares of Freescale Semiconductor Ltd in a research note to investors on Thursday, September 19th. They now have a $20.00 price target on the stock. Finally, analysts at Morgan Stanley initiated coverage on shares of Freescale Semiconductor Ltd in a research note to investors on Friday, August 16th. They set an “underweight” rating on the stock. One analyst has rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the company. Freescale Semiconductor Ltd currently has a consensus rating of “Hold” and a consensus price target of $17.80.
Freescale Semiconductor, Inc manufactures microcontrollers, microprocessors and semiconductors. The Company offers microcontroller solutions, such as the components of embedded control systems, including embedded processors, microcontrollers, and embedded microprocessors that are used in automotive, consumer, industrial, and computer peripheral applications.
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