Analysts’ average estimate for first-quarter earnings, adjusted for special items, is $10.29 per share, which is slightly lower than the $10.33 per share reported a year earlier. Revenues are expected to be $11.72 billion in Q1.
In the fourth quarter, both earnings and revenues topped expectations, as they did in every quarter in the past four years. Q4 revenues moved up 4% annually to $9.30 billion, driving up adjusted earnings per share to $11.06, which is up 6% YoY. The core Semiconductor Solutions segment expanded by 3%.