Lattice Semiconductor Corporation (LSCC) Set to Announce Earnings on Tuesday
Lattice Semiconductor Corporation (NASDAQ:LSCC) is set to release its earnings data after the market closes on Tuesday, November 7th. Analysts expect Lattice Semiconductor Corporation to post earnings of ($0.01) per share for the quarter.
Lattice Semiconductor Corporation (NASDAQ:LSCC) last posted its quarterly earnings data on Tuesday, August 8th. The semiconductor company reported ($0.03) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.07). The firm had revenue of $94.14 million for the quarter, compared to the consensus estimate of $105.60 million. Lattice Semiconductor Corporation had a positive return on equity of 3.95% and a negative net margin of 9.50%. On average, analysts expect Lattice Semiconductor Corporation to post $0 EPS for the current fiscal year and $0.3 EPS for the next fiscal year.
Lattice Semiconductor Corporation (NASDAQ:LSCC) traded down 1.02% during mid-day trading on Tuesday, hitting $5.85. 306,710 shares of the company traded hands. Lattice Semiconductor Corporation has a one year low of $5.05 and a one year high of $7.99. The stock’s market capitalization is $719.38 million. The company’s 50-day moving average is $5.53 and its 200-day moving average is $6.31.
A number of brokerages recently weighed in on LSCC. Zacks Investment Research downgraded shares of Lattice Semiconductor Corporation from a “hold” rating to a “strong sell” rating in a report on Tuesday, September 19th. Craig Hallum restated a “hold” rating and set a $6.00 target price (down from $8.30) on shares of Lattice Semiconductor Corporation in a report on Thursday, September 14th. Jefferies Group LLC upgraded shares of Lattice Semiconductor Corporation from a “hold” rating to a “buy” rating and set a $7.00 target price on the stock in a report on Wednesday, October 18th. BidaskClub downgraded shares of Lattice Semiconductor Corporation from a “sell” rating to a “strong sell” rating in a report on Saturday, August 12th. Finally, Robert W. Baird restated a “hold” rating and set a $8.00 target price on shares of Lattice Semiconductor Corporation in a report on Sunday, September 17th. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $7.00.
About Lattice Semiconductor Corporation
Lattice Semiconductor Corporation is a United States-based company, which develops semiconductor technologies that it monetizes through products, solutions and licenses. The Company operates through two segments: the core Lattice (Core) business, which includes intellectual property (IP) and semiconductor devices, and Qterics, a discrete software-as-a-service business unit in the Lattice legal entity structure.
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