SiTime (SITM) Surpasses Q4 Earnings and Revenue Estimates

Company Performance - SiTime (SITM) reported quarterly earnings of $0.48 per share, exceeding the Zacks Consensus Estimate of $0.42 per share, and up from $0.24 per share a year ago, representing an earnings surprise of 14.29% [1] - The company achieved revenues of $68.11 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 6.41%, compared to $42.4 million in the same quarter last year [2] - Over the last four quarters, SiTime has consistently surpassed consensus EPS estimates and revenue estimates [2] Future Outlook - The immediate price movement of SiTime's stock will largely depend on management's commentary during the earnings call and the company's earnings outlook [3][4] - Current consensus EPS estimate for the upcoming quarter is $0.12 on revenues of $51.25 million, and for the current fiscal year, it is $1.49 on revenues of $250.72 million [7] - The estimate revisions trend for SiTime is currently mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - SiTime operates within the Zacks Electronics - Miscellaneous Products industry, which is currently ranked in the top 35% of over 250 Zacks industries, suggesting a favorable industry outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]