Linear Technology Corporation (LLTC) is scheduled to report Q116 results after the market close today. The Street has consensus estimates of $0.46 in earnings per share and $343.34 million in revenue. In the Q1 of the previous year, the manufacturer of analog integrated circuits posted $0.53 in EPS and $371.1 million in revenue. Meanwhile, for the current quarter EarningsWhisper.com reports a whisper number of $0.48 per share.
As a quick reminder, LLTC reported Q415 EPS of $0.54, $0.02 lower than the Street’s consensus estimate of $0.56. Revs increased 9.05% on a year-over-year basis to $379.5 million versus the $385.42 million consensus.
LLTC is down $0.21 at $41.03 on heavy volume. Midway through trading Tuesday, 444K shares of Linear Technology Corp. have exchanged hands as compared to its average daily volume of 3.09 million shares. The stock has ranged in a price between $40.16 to $41.15 after having opened the day at $40.98.
In the past 52 weeks, shares of Milpitas, California-based company have traded between a low of $36.41 and a high of $49.57. Shares are up 7.79% year-over-year ; down 7.73% year-to-date.