Super Micro Computer (SMCI) Stock: What Wall Street Expects from Earnings Today

TLDR

• SMCI rose 1.1% to $31.46 ahead of Q4 earnings, with volume 26% above average
• Analysts expect $11.2 billion in revenue, up 91% year over year, and EPS of $1.33
• Supermicro reported over $60 billion in new Q4 orders and raised gross margin guidance to 15%-17%
• The stock is down 30% over the past 12 months, lagging rivals Dell (+230%) and HPE (+160%)
• Key risks include negative operating cash flow of -$7.56 billion and rising inventory levels

Super Micro Computer reports Q4 earnings after the bell on Tuesday, and Wall Street is watching closely. The stock closed at $31.46 on Monday, up 1.1%, with trading volume running 26% above the daily average.

Super Micro Computer, Inc., SMCI

Analysts expect adjusted EPS of $1.33 on revenue of $11.2 billion, according to Bloomberg consensus estimates. That compares to EPS of $0.41 and revenue of $5.7 billion in the same quarter last year.

Gross margins are forecast to reach 15.8%, up 9.6% year over year. Supermicro itself guided for margins between 15% and 17%, a big jump from prior guidance of just 8.2% to 8.4%.

… Continue reading the full article at the original source below.