Power Integrations(POWI) ZACKS·2024-08-06 22:41Earnings Performance - Power Integrations reported quarterly earnings of 0 26 per share [1] - This represents a 7 69% earnings surprise compared to the consensus estimate [2] - The company has surpassed consensus EPS estimates three times over the last four quarters [2] Revenue Performance - Power Integrations posted revenues of 123 22 million [3] - The company has topped consensus revenue estimates two times over the last four quarters [3] Stock Performance - Power Integrations shares have lost about 21 2% since the beginning of the year, compared to the S&P 500's gain of 8 7% [4] - The stock is currently rated Zacks Rank 4 (Sell), indicating expected underperformance in the near future [7] Earnings Outlook - The current consensus EPS estimate is 123 12 million in revenues for the coming quarter [8] - For the current fiscal year, the consensus EPS estimate is 452 92 million in revenues [8] Industry Context - Power Integrations belongs to the Zacks Semiconductors - Power industry, which is currently in the bottom 4% of the 250 plus Zacks industries [9] - The top 50% of Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1 [9] Peer Comparison - Analog Devices (ADI), another company in the Zacks Computer and Technology sector, is expected to report quarterly earnings of 2 27 billion, down 26 1% from the year-ago quarter [11]