SYNA Analyst estimates: Rev up 32% to $305 million EPS 1.42 up from 1.39 one year ago TTM PE 51.86
Hi Rizz,
I think that that disconnect between the rise in revenue of 32% and the smaller rise in EPS is because they had a huge EPS last year in the June quarter.
Here’s what their earnings looked like up to June of last year:
2012 - 51 54 37 53 = 195
2013 - 79 139
You see the huge jump to $1.39 in the June quarter.
Up to the first quarter of this year it looks like this:
As you see, the predicted earnings of $1.42 would be more than doubling sequentially from 63 cents in the March quarter. I don’t know where YHOO got the TTM PE of 51. Their trailing earnings are $4.19 and their trailing PE is just under 20 right now.
As you see, the predicted earnings of $1.42 would be more than doubling sequentially from 63 cents in the March quarter. I don’t know where YHOO got the TTM PE of 51. Their trailing earnings are $4.19 and their trailing PE is just under 20 right now.
Saul
Saul,
Doesn’t this put SYNA on flat eps growth yr over yr? The 1st 1/4 is down vs 1 yr ago, the 2nd 1/4 flat while Q3 is projected to be 1.33 [flat again][Yahoo Finance]. And does that concern you?