ARM Holdings PLC reports results for the quarter ended September 30 - Earnings Summary

• ARM Holdings PLC reported quarterly adjusted earnings of 52 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 39 cents. The mean expectation of twenty five analysts for the quarter was for earnings of 47 cents per share. Wall Street expected results to range from 46 cents to 49 cents per share.

• Revenue rose 27.1% to $1.44 billion from a year ago; analysts expected $1.38 billion.

• ARM Holdings PLC's reported EPS for the quarter was 12 cents​.

• The company reported quarterly net income of $130 million.

• ARM Holdings PLC shares had fallen by 30.1% this quarter and gained 85.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.1% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 27 "strong buy" or "buy," 15 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the semiconductors peer group is also "buy"

• Wall Street's median 12-month price target for ARM Holdings PLC is $280.00, about 27.7% above its last closing price of $202.49

This summary was machine generated from LSEG data November 4 at 10:55 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)