International Rectifier Corp. (IRF) Posts Quarterly Earnings Results, Beats Estimates By $0.01 EPS
International Rectifier Corp. (NYSE:IRF) posted its quarterly earnings results on Wednesday. The company reported $0.30 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.29 by $0.01, Analyst Ratings.Net reports. The company had revenue of $297.60 million for the quarter, compared to the consensus estimate of $288.24 million. During the same quarter in the prior year, the company posted ($0.02) earnings per share.
Shares of International Rectifier Corp. (NYSE:IRF) traded up 47.42% on Wednesday, hitting $39.155. The stock had a trading volume of 5,394,084 shares. International Rectifier Corp. has a 52-week low of $22.78 and a 52-week high of $28.99. The stock has a 50-day moving average of $26.74 and a 200-day moving average of $26.66. The company has a market cap of $2.791 billion and a price-to-earnings ratio of 47.77.
International Rectifier Corporation (NYSE:IRF) designs, manufactures and markets power management semiconductors.
Receive News & Ratings for International Rectifier Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Rectifier Corp and related companies with Analyst Ratings Network's FREE daily email newsletter.