MagnaChip-Magnachip (MX) Q4 Earnings and Revenues Surpass Estimates

Group 1 - Magnachip reported quarterly earnings of $0.07 per share, exceeding the Zacks Consensus Estimate of a loss of$ 0.22 per share, and compared to a loss of $0.21 per share a year ago, representing an earnings surprise of 131.82% [1] - The company posted revenues of$ 63.04 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 2.34%, and compared to year-ago revenues of $50.82 million [2] - Over the last four quarters, Magnachip has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2] Group 2 - The stock's immediate price movement will depend on management's commentary on the earnings call and future earnings expectations [3][4] - The current consensus EPS estimate for the coming quarter is -$ 0.32 on $56.5 million in revenues, and for the current fiscal year, it is -$ 1 on $252.65 million in revenues [7] - The Zacks Industry Rank for Semiconductor - Analog and Mixed is currently in the bottom 20% of over 250 Zacks industries, indicating potential challenges for stock performance [8] Group 3 - The estimate revisions trend for Magnachip is mixed, resulting in a Zacks Rank 3 (Hold) for the stock, suggesting it is expected to perform in line with the market in the near future [6] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] - Another industry player, Semtech, is expected to report quarterly earnings of$ 0.32 per share, reflecting a year-over-year change of +633.3%, with revenues expected to be $247.91 million, up 28.5% from the year-ago quarter [9][10]