Power Integrations (POWI) Beats Q4 Earnings and Revenue Estimates

Core Insights - Power Integrations (POWI) reported quarterly earnings of $0.30 per share, exceeding the Zacks Consensus Estimate of $0.27 per share, and up from $0.22 per share a year ago [1] - The company achieved revenues of $105.25 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.20% and increasing from $89.51 million year-over-year [3] Earnings Performance - The quarterly earnings surprise was 11.11%, with the company previously expected to post earnings of $0.36 per share but actually reporting $0.40 per share [2] - Power Integrations has surpassed consensus EPS estimates in all four of the last quarters [2] Revenue Performance - The company has also exceeded consensus revenue estimates in each of the last four quarters [3] Stock Performance - Power Integrations shares have increased approximately 1.3% since the beginning of the year, compared to a 3.1% gain in the S&P 500 [4] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.26 on revenues of $106.39 million, and for the current fiscal year, it is $1.49 on revenues of $476.89 million [8] - The estimate revisions trend for Power Integrations is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [7] Industry Context - The Semiconductors - Power industry, to which Power Integrations belongs, is currently in the top 34% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [9]