Consensus EPS estimates increase to US$3.91
The consensus outlook for earnings per share (EPS) in 2022 has improved.
- 2022 revenue forecast increased from US$1.48b to US$1.58b.
- EPS estimate increased from US$3.53 to US$3.91 per share.
- Net income forecast to grow 12% next year vs 42% growth forecast for Semiconductor industry in the US.
- Consensus price target up from US$101 to US$105.
- Share price fell 5.5% to US$78.73 over the past week.