Having topped analysts' estimates last quarter by 2 cents per share, Linear Technology (LLTC) is expected to deliver its latest earnings on Tuesday, July 24, 2012.
ExpectationsAnalysts currently expect Linear Technology to come in with earnings of 46 cents per share on revenues of $330.6 million. Analysts gave estimates ranging from 44 cents per share to 48 cents per share. The average estimate has shown no movement over the last three months.
Stock MovementThe stock fell $2.17 per share between May 8, 2012 and May 18, 2012.
Company Fundamental TrendsIn terms of revenue, the company hopes that this earnings announcement will help it rebound from streak of four straight quarters of decreases. Revenue fell 2.1% over the fourth quarter of the last fiscal year, 15.1% in first quarter and 23.3% in the second quarter and continued to drop third quarter. On the heels of negative results over the past three quarters, the company is looking to rebound with this earnings announcement. Net income fell 21% in the first quarter, by 38.9% in the second quarter and again in the third quarter. Stock Ratings
Analyst sentiment has been improving recently, as the average rating risen slightly over the past three months.
Last Quarter's ResultsIn the third quarter, profit fell 30.4% to $98.5 million (42 cents a share) from $141.6 million (61 cents a share) the year earlier, but exceeded analyst expectations. Revenue fell 11.6% to $312.4 million from $353.2 million.
SummaryReporting Period: 4Q
Date of Release: Tuesday, July 24, 2012
EPS: 46 cents
Revenue Estimate: $330.6 million
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)








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