National Semiconductor (NYSE:NSM) reports earnings after the close today. Analysts are looking for $0.25 EPS on revenues of $467.4 million, according to First Call. As far as what to expect next quarter, estimates are $0.31 EPS and just under $496 million. The company has handily beat estimates in each of the last two quarters.
Analysts have an average target of roughly $30.50, and a fresh recent analyst call from RBC Capital Markets was merely given a "Sector Perform" rating. Its stock chart is also non-directional. Options were a bit off in using as a bogey, but it appears that traders are expecting less than a 2% move based on a static snapshot from this morning.
As a reminder, National Semiconductor is one that Wall Street often tries to use as a bogey for tech and chip stocks. But the tie is not truly an accurate one with only a $7 Billion market cap and not even quite $2 Billion expected in Fiscal May-2008 expected revenues.
Jon C. Ogg
September 6, 2007
Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.
Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
