Lattice's Q1 EPS Outlook Up 59.1% and Full-Year Forecast Raised 45.7%
Analysts now forecast $0.35 EPS for the coming quarter, up 59.1% year-over-year, with consensus estimates rising 8.7% in the last month. Full-year EPS projections climbed to $1.53, a 45.7% increase from 2024, driving a Zacks Rank #1 upgrade for Lattice Semiconductor.
1. Current-Quarter EPS Estimate Revisions
Analysts have increased the current-quarter EPS consensus to $0.35, reflecting a 59.1% year-over-year gain. Over the past 30 days, upward revisions outnumbered downgrades, lifting the Zacks Consensus Estimate by 8.7%.
2. Full-Year Forecast Upgrades
The full-year EPS projection for fiscal 2025 now stands at $1.53 per share, up 45.7% from the prior year. Four upward revisions in the past month boosted the consensus by 7.5%.
3. Zacks Rank #1 Upgrade
Strong agreement among covering analysts on upward estimate revisions earned Lattice Semiconductor a Zacks Rank #1 (Strong Buy), placing it in the top 5% of all Zacks-covered stocks based on earning outlook momentum.
4. Share Price Momentum
Lattice Semiconductor shares have risen 17.1% over the past four weeks as investors responded to improving earnings outlook and the strong-rank upgrade, fueling positive short-term price momentum.