Linear Technology Corp. (LLTC) Scheduled to Post Earnings on Wednesday
Linear Technology Corp. (NASDAQ:LLTC) is set to announce its Q314 earnings results on Wednesday, January 15th. Analysts expect the company to announce earnings of $0.45 per share and revenue of $334.79 million for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.
Linear Technology Corp. (NASDAQ:LLTC) last released its earnings data on Wednesday, October 16th. The company reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by $0.01. The company had revenue of $340.40 million for the quarter, compared to the consensus estimate of $339.26 million. During the same quarter last year, the company posted $0.45 earnings per share. Linear Technology Corp.’s revenue was up 1.6% compared to the same quarter last year. On average, analysts expect Linear Technology Corp. to post $1.91 EPS for the current fiscal year and $2.21 EPS for the next fiscal year.
Shares of Linear Technology Corp. (NASDAQ:LLTC) opened at 44.49 on Tuesday. Linear Technology Corp. has a 52 week low of $34.21 and a 52 week high of $45.93. The stock’s 50-day moving average is $44.1 and its 200-day moving average is $40.7. The company has a market cap of $10.418 billion and a price-to-earnings ratio of 26.57.
A number of analysts have recently weighed in on LLTC shares. Analysts at Zacks reiterated a “neutral” rating on shares of Linear Technology Corp. in a research note to investors on Monday, December 23rd. They now have a $47.00 price target on the stock. On the ratings front, analysts at Morgan Stanley reiterated an “outperform” rating on shares of Linear Technology Corp. in a research note to investors on Thursday, November 14th. Finally, analysts at Drexel Hamilton initiated coverage on shares of Linear Technology Corp. in a research note to investors on Monday, October 21st. They set a “buy” rating on the stock. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. Linear Technology Corp. currently has a consensus rating of “Hold” and a consensus price target of $38.67.
Linear Technology Corporation (NASDAQ:LLTC) designs, manufactures and markets a line of linear analog integrated circuits for companies worldwide.
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