MCHP

ON Semiconductor (NASDAQ:ON) is scheduled to report its earnings on Monday, November 2, 2026. The company has a market value of about $29.4 billion. Over the last twelve months it generated $6.2 billion in revenue and $1.1 billion in operating profit, with net income of $630 million. The reaction will turn on how the results and guidance land against expectations. Before the release, it helps to know how the stock has behaved after previous reports, and whether an early move has tended to carry on. See the earnings reaction history of all stocks The Post-Earnings Record For ON Semiconductor Stock Some observations on one-day (1D) post-earnings returns, measured from the last close before each release: - There are 20 earnings releases in the last five years, with 13 positive and 7 negative one-day (1D) returns. Positive 1D returns were seen 65% of the time. - Over the last three years that share rises to 73%, across 11 releases. - The median of the 13 positive 1D returns is 4.1%, and the median of the 7 negative ones is -8.4%. - The largest one-day reactions were 14.4% and -21.8%. The table below shows the 1D, 5-day (5D) and 21-day (21D) returns after each release, followed by summary statistics. Earnings Date | 1D | 5D | 21D 8/3/2026 | 0.5% | -0.8% | -9.6% 5/4/2026 | 0.6% | 5.1% | 31.3% 2/9/2026 | 3.5% | 10.5% | -9.0% 11/3/2025 | 0.8% | -4.5% | 2.8% 8/4/2025 | -15.6% | -16.1% | -13.9% 5/5/2025 | -8.4% | -2.2% | 13.0% 2/10/2025 | -8.2% | 1.1% | -16.4% 10/28/2024 | 1.4% | -0.4% | 1.6% 7/29/2024 | 11.5% | -3.2% | 6.6% 4/29/2024 | 4.1% | 3.4% | 8.2% 2/5/2024 | 9.5% | 14.1% | 8.7% 10/30/2023 | -21.8% | -18.3% | -17.3% 7/31/2023 | 2.5% | -2.6% | -10.9% 5/1/2023 | 8.9% | 12.9% | 16.7% 2/6/2023 | -0.6% | 3.6% | -2.7% 10/31/2022 | -9.0% | -6.4% | 4.8% 8/1/2022 | -4.7% | 1.3% | 4.1% 5/2/2022 | 6.7% | 5.8% | 16.4% 2/7/2022 | 8.4% | 2.7% | -2.8% 11/1/2021 | 14.4% | 23.0% | 27.8% Statistic | 1D | 5D | 21D # Positive | 13 | 11 | 12 # Negative | 7 | 9 | 8 Median Positive | 4.1% | 5.1% | 8.5% Median Negative | -8.4% | -3.2% | -10.3% Max Positive | 14.4% | 23.0% | 31.3% Max Negative | -21.8% | -18.3% | -17.3% Does The First Move Carry On? Another approach is to wait for the initial reaction and ask whether it tends to continue. The table below shows the correlation between the 1D return and the return over the following 5 and 21 trading days, and between the 5D return and the following 21 trading days. A value near 1 means the first move has tended to continue; near -1, to reverse; near 0, no consistent pattern. Over five years none of these correlations is strong enough to trade on: all are below 0.40 in absolute terms, so the early post-earnings move has not reliably predicted what followed. The 3-year 1D vs next 5D figure of -0.47 hints at a partial reversal, but it rests on only 11 releases. History | 1D vs next 5D | 1D vs next 21D | 5D vs next 21D 5 Years | -0.35 | -0.23 | -0.06 3 Years | -0.47 | -0.20 | -0.29 Is There Any Correlation With Peer Earnings? NXP Semiconductors (NXPI) usually reports about 6 days before ON Semiconductor, and has already reported this season. Its stock fell 0.7% the day after its October 27 report. The table compares NXP Semiconductors' one-day reaction to its own earnings with ON Semiconductor's one-day reaction to the report that followed. The correlation is 0.00; the closer to 1, the more the peer's reaction has foreshadowed ON Semiconductor's. Figures this close to 0 show no consistent link. ON Earnings Date | ON 1D | NXPI 1D 8/3/2026 | 0.5% | -7.0% 5/4/2026 | 0.6% | 25.5% 2/9/2026 | 3.5% | -4.5% 11/3/2025 | 0.8% | -3.9% 8/4/2025 | -15.6% | -0.1% 5/5/2025 | -8.4% | -6.9% 2/10/2025 | -8.2% | -1.1% 7/29/2024 | 11.5% | -7.6% 7/31/2023 | 2.5% | 4.3% 2/6/2023 | -0.6% | 2.7% 8/1/2022 | -4.7% | 0.2% 2/7/2022 | 8.4% | 1.3% Correlation | - | 0.00 An earnings release can move one stock sharply in either direction. A diversified portfolio spreads that risk. The Trefis High Quality (HQ) Portfolio holds about 30 quality businesses, rebalanced with rules, and has a track record of outperforming a benchmark that combines the S&P 500, the S&P MidCap 400, and the Russell 2000.

AXT, Inc. AXTI reported non-GAAP earnings of 41 cents per share in the third quarter of 2026, surpassing the Zacks Consensus Estimate of 31 cents by 32.26%. The company had recorded a non-GAAP loss of 3 cents per share in the year-ago quarter. Revenues rose 162% year over year and 54% sequentially to $73.4 million, topping the consensus estimate by 11.05%. Strong indium phosphide (InP) sales to AI data-center customers and higher manufacturing productivity supported the beat. Backlog surpassed $500 million. InP revenues reached $54.3 million, the highest level in AXT's history. Data-center demand accounted for the bulk of InP sales as customers deployed high-speed optical components. The shift to 800G and 1.6T transceiver modules is fueling demand for InP-based lasers and photodetectors that move data across dense AI computing systems. Management also expects growing demand for continuous-wave lasers used in next-generation optical interconnects. AXT Inc price-consensus-eps-surprise-chart | AXT Inc Quote Gallium arsenide (GaAs) revenues totaled $9.1 million in the third quarter. Demand for semi-insulating and semiconducting wafers increased sequentially, supported by wireless devices, industrial robotics and data-center laser applications. Germanium substrate revenues reached $344,000, while consolidated raw-material businesses contributed $9.7 million. The company's five largest customers represented about 35% of total revenues, with one customer accounting for more than 10%. Management expects some GaAs markets to soften seasonally in the fourth quarter. Non-GAAP gross margin rose to 56.1% from 45% in the prior quarter and 22.4% a year earlier. Increased volumes, a richer InP product mix, improved factory efficiency and higher selling prices for InP wafers contributed to the expansion. Non-GAAP operating expenses increased to $11.7 million from $10.2 million sequentially and $6.7 million a year earlier. Even with higher spending, non-GAAP operating income jumped to $29.5 million from $11.2 million in the previous quarter, against a $0.4 million operating loss a year ago. AXT exceeded its initial 2026 target to double InP capacity by August. Management now anticipates exiting 2026 with about 2.75 to three times its year-end 2025 capacity, followed by another doubling in 2027. The company is also planning to convert an adjacent building into manufacturing space. New proprietary crystal-growth furnaces are helping increase wafer output. Six-inch InP lines are entering pilot production, while customers are transitioning from three-inch to higher-value four-inch wafers. AXT expects the shift in laser substrates to accelerate in 2027, creating further pricing and margin opportunities. Management said demand still exceeds InP supply, with all customers on allocation. The order book spans multiyear agreements, shorter contracts and spot purchase orders extending into 2027. Orders from Chinese customers have also increased, with domestic shipments avoiding export-permit requirements. During the quarter, AXT signed a supply agreement with Lumentum and received a $43.5 million wafer prepayment. The advance remains a liability until related wafers ship. Management said many orders carry lead times exceeding nine months and it is limiting new long-term commitments to preserve pricing flexibility. Cash, cash equivalents and investments were $825.9 million as of Sept. 30, 2026, up from $748.8 million at June 30. Days sales outstanding improved to 49 following customer prepayments, while net inventory increased approximately $7.4 million sequentially. The majority-owned Tongmei subsidiary agreed to a private equity financing of up to $545 million to fund wafer and raw-material capacity expansion in China. If fully subscribed, AXT would retain approximately 73.4% ownership. Tongmei is also pursuing a Hong Kong stock market listing. AXT has approximately $90 million in revenues for the fourth quarter of 2026, supported by existing export permits or shipments requiring no permit. AXT expressed high confidence in realizing that amount, while InP is expected to account for most of the sequential sales increase. Non-GAAP earnings are projected at 57-59 cents per share, with GAAP earnings expected at 56-58 cents. Non-GAAP operating expenses are pegged at roughly $13 million versus $14 million on a GAAP basis. The share-count assumption is 66.1 million. Gross margin could exceed 60%. AXT currently carries a Zacks Rank #3 (Hold). Camtek CAMT, Fastly FSLY and Microchip MCHP are among the better-ranked stocks that investors can consider in the broader Zacks Computer and Technology sector. Currently, Camtek sports a Zacks Rank #1 (Strong Buy), while Enovix Corporation and Microchip carry a Zacks Rank #2 (Buy) each. You can see the complete list of today's Zacks #1 Rank stocks here. Camtek's shares have returned 19.1% year to date. CAMT is scheduled to report its third-quarter 2026 results on Nov. 4. Fastly's shares have surged 151.8% year to date. FSLY is slated to report its third-quarter 2026 results on Nov. 4. Microchip's shares have gained 27.4% year to date. MCHP is scheduled to report its fiscal second-quarter 2027 results on Nov. 5, 2026. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AXT Inc (AXTI) : Free Stock Analysis Report Microchip Technology Incorporated (MCHP) : Free Stock Analysis Report Camtek Ltd. (CAMT) : Free Stock Analysis Report Fastly, Inc. (FSLY) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

The market expects Microchip Technology (MCHP) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November 5. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This chipmaker is expected to post quarterly earnings of $0.94 per share in its upcoming report, which represents a year-over-year change of +168.6%. Revenues are expected to be $1.61 billion, up 41% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 1.96% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For Microchip Tech, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +3.31%. On the other hand, the stock currently carries a Zacks Rank of #2. So, this combination indicates that Microchip Tech will most likely beat the consensus EPS estimate. Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Microchip Tech would post earnings of $0.7 per share when it actually produced earnings of $0.76, delivering a surprise of +8.57%. Over the last four quarters, the company has beaten consensus EPS estimates four times. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Microchip Tech appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. ON Semiconductor Corp. (ON), another stock in the Zacks Semiconductor - Analog and Mixed industry, is expected to report earnings per share of $0.88 for the quarter ended September 2026. This estimate points to a year-over-year change of +39.7%. Revenues for the quarter are expected to be $1.71 billion, up 10% from the year-ago quarter. Over the last 30 days, the consensus EPS estimate for ON Semiconductor Corp. has been revised 0.7% up to the current level. Nevertheless, the company now has an Earnings ESP of +5.68%, reflecting a higher Most Accurate Estimate. This Earnings ESP, combined with its Zacks Rank #3 (Hold), suggests that ON Semiconductor Corp. will most likely beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microchip Technology Incorporated (MCHP) : Free Stock Analysis Report ON Semiconductor Corporation (ON) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Ichor Holdings, Ltd. ICHR is scheduled to report its third-quarter 2026 results on Nov. 2, 2026. For the third quarter of 2026, Ichor expects revenues between $315 million and $345 million. The midpoint implies sequential growth of 12% and year-over-year growth of 38%. The Zacks Consensus Estimate for second-quarter revenues is pegged at $300.2 million, suggesting a year-over-year increase of 38%. For the third quarter of 2026, Ichor expects non-GAAP earnings to be in the range of 40-50 cents per share. The Zacks Consensus Estimate for ICHR's second-quarter 2026 earnings is pegged at 45 cents per share, implying a significant year-over-year increase of 542.9%. ICHR reported earnings of 7 cents per share in the year-ago quarter. ICHR's earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters while missing once, the average surprise being 25.02%. Ichor Holdings, Ltd. price-eps-surprise | Ichor Holdings, Ltd. Quote Let's see how things have shaped up for this announcement. Ichor Holdings' third-quarter performance is expected to have benefited from strong demand from wafer fabrication equipment customers, supported by rising investments in AI infrastructure and advanced semiconductor manufacturing. The company also expects second-half 2026 revenue volumes to be at least 25% higher than the first half, supported by demand for advanced etch and deposition equipment. The company is expected to have benefited from increasing adoption of gate-all-around architectures, advanced memory and leading-edge process technologies, which require more complex semiconductor manufacturing processes. Rising investments in AI infrastructure are supporting demand for etch and deposition equipment, which, in turn, is expected to have driven demand for Ichor's fluid delivery systems and related components. Ichor's ongoing manufacturing footprint realignment is expected to have supported gross margin improvement in the third quarter of 2026. The company has qualified additional manufacturing operations in Malaysia, including machining and welding, for its major customers. These initiatives are expected to have increased internal production, reduced reliance on external suppliers and improved product margins. Management expects gross margin to increase by another 100 basis points in each of the remaining two quarters of 2026, with third-quarter gross margin guided to 14.5%-15.5%. The company is also making progress in expanding its proprietary Ichor-branded content within the systems it builds. After ending the second quarter at around 25%, management expects proprietary content to reach approximately 30% by the end of the third quarter and 35% by the end of 2026. Increasing proprietary content is expected to have supported better product margins and contributed to the company's margin improvement plans. Our proven model does not conclusively predict an earnings beat for ICHR this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. However, that's not the case here. ICHR has an Earnings ESP of -0.55% and carries a Zacks Rank #3 at present. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. Here are some stocks worth considering, as our model shows that these have the right combination of elements to beat on earnings this reporting cycle. AMETEK AME has an Earnings ESP of +0.37% and sports a Zacks Rank #1 at present. You can see the complete list of today's Zacks #1 Rank stocks here. AMETEK is slated to report third-quarter 2026 results on Nov. 3. The Zacks Consensus Estimate for AMETEK's third-quarter 2026 earnings is pegged at $2.12 per share, up by a penny over the past 30 days, indicating a rise of 12.2% from the year-ago quarter's reported figure. Shopify SHOP has an Earnings ESP of +10.11% and sports a Zacks Rank #1 at present. Shopify is set to report third-quarter 2026 results on Dec. 3. The Zacks Consensus Estimate for Shopify's third-quarter 2026 earnings is pegged at 45 cents per share, up by a penny over the past 30 days, indicating a rise of 32.4% from the year-ago quarter's reported figure. Microchip Technology MCHP has an Earnings ESP of +1.56% and carries a Zacks Rank #2 at present. Microchip Technology is set to report second-quarter fiscal 2027 results on Nov. 5. The Zacks Consensus Estimate for Microchip Technology's second-quarter fiscal 2027 earnings is pegged at 94 cents per share, up by a penny over the past 30 days, indicating a rise of 168.6% from the year-ago quarter's reported figure. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ichor Holdings, Ltd. (ICHR) : Free Stock Analysis Report Microchip Technology Incorporated (MCHP) : Free Stock Analysis Report AMETEK, Inc. (AME) : Free Stock Analysis Report Shopify Inc. (SHOP) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Aehr Test Systems AEHR is scheduled to report its first-quarter fiscal 2027 earnings on Nov. 2. The Zacks Consensus Estimate for fiscal first-quarter sales is pegged at $27.5 million, suggesting 150.2% growth from the figure reported in the year-ago quarter The Zacks Consensus Estimate for fiscal first-quarter earnings per share (EPS) is pegged at 11 cents, unchanged over the past 30 days. AEHR reported EPS of a penny in the year-ago quarter. AEHR's earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters, while matching once, the average surprise being 321.9%. Aehr Test Systems price-eps-surprise | Aehr Test Systems Quote Let's see how things have shaped up for the upcoming announcement. Aehr Test Systems' first-quarter fiscal 2027 results are expected to benefit from strong demand for burn-in and reliability testing systems from AI processor and data center customers. The company entered fiscal 2027 with a record backlog of $80.6 million and received another $20 million in bookings during the transition period and the first two weeks of the new fiscal year. This increased its effective backlog to approximately $100.6 million before accounting for minimal shipments during the transition period. AEHR is expected to have benefited from rising demand for wafer-level burn-in systems used for AI processors. Its leading AI processor customer is increasing production and forecasting higher capacity requirements for FOX systems and proprietary WaferPak contactors. In addition, another major AI processor supplier completed benchmark testing of AEHR's wafer-level burn-in solution with results that exceeded expectations. The customer is considering pilot production testing for its current high-volume device and has requested evaluation of a second device. These developments could create additional demand for AEHR's systems and consumables as customers move toward production. The company's silicon photonics business is also expected to have supported the fiscal first quarter's performance as AI data centers require faster optical connections. AEHR's lead silicon photonics customer is ramping production and has placed follow-on orders for automated wafer-level burn-in systems. A newer customer, a global networking products and solutions provider, has also ordered FOX test systems and provided a forecast for additional systems to support next-generation hyperscale data center deployments. Continued customer ramps and follow-on orders could have supported demand for AEHR's testing equipment and consumables. AEHR's package-level burn-in business is expected to have benefited from ongoing demand for its Sonoma systems. In the fourth quarter of fiscal 2026, the company received a record $41 million follow-on order from a hyperscale customer for production burn-in systems, supporting high-volume AI processor manufacturing. AEHR has also begun shipping Sonoma systems through a contract manufacturer in Southeast Asia, which adds capacity of more than 20 systems per month. However, component availability and shipment timing could have affected AEHR's prospects in the first quarter of fiscal 2027. Management noted that some component suppliers, particularly power supply manufacturers, have raised prices significantly as they also serve major AI companies. AEHR is working with contract manufacturers and expanding production capacity to meet customer demand, but supply chain execution remains important as shipments increase. According to the Zacks model, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that is not the case here. Aehr currently has an Earnings ESP of 0.00% and a Zacks Rank #3. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. Here are some companies worth considering, as our model shows that these have the right combination of elements to beat on earnings in their upcoming releases: AMETEK AME has an Earnings ESP of +0.37% and sports a Zacks Rank #1 at present. You can see the complete list of today's Zacks #1 Rank stocks here. AMETEK is slated to report third-quarter 2026 results on Nov. 3. The Zacks Consensus Estimate for AMETEK's third-quarter 2026 earnings is pegged at $2.12 per share, up by a penny over the past 30 days, indicating a rise of 12.2% from the year-ago quarter's reported figure. Shopify SHOP has an Earnings ESP of +10.11% and sports a Zacks Rank #1 at present. Shopify is set to report third-quarter 2026 results on Dec. 3. The Zacks Consensus Estimate for Shopify's third-quarter 2026 earnings is pegged at 45 cents per share, up by a penny over the past 30 days, indicating a rise of 32.4% from the year-ago quarter's reported figure. Microchip Technology MCHP has an Earnings ESP of +1.56% and carries a Zacks Rank #2 at present. Microchip Technology is set to report second-quarter fiscal 2027 results on Nov. 5. The Zacks Consensus Estimate for Microchip Technology's second-quarter fiscal 2027 earnings is pegged at 94 cents per share, up by a penny over the past 30 days, indicating a rise of 168.6% from the year-ago quarter's reported figure. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Aehr Test Systems (AEHR) : Free Stock Analysis Report Microchip Technology Incorporated (MCHP) : Free Stock Analysis Report AMETEK, Inc. (AME) : Free Stock Analysis Report Shopify Inc. (SHOP) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Broadridge Financial Solutions, Inc. BR is set to report first-quarter fiscal 2027 results on Nov. 3, before the opening bell. The company has an impressive earnings surprise history. BR's earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of 12.7%. Broadridge Financial Solutions, Inc. price-consensus-eps-surprise-chart | Broadridge Financial Solutions, Inc. Quote Shares of BR have had a decent run over the past month. The stock has risen 10% against the industry's 5% and the Zacks S&P 500 composite's 0.4% decline. Image Source: Zacks Investment Research The Zacks Consensus Estimate for revenues in the to-be-reported quarter is pinned at $1.64 billion, suggesting a 3.4% rise from the fiscal first-quarter 2026 actuals. Recurring revenue growth, supported by high client retention, increasing investor participation, demand for financial technology solutions and continued conversion of the sales backlog, is likely to have contributed to the growth. The Zacks Consensus Estimate for net revenues at Investor Communication Solutions is pegged at $1.14 billion, suggesting a 1% year-over-year increase. The consensus estimate for net revenues in the Global Technology and Operations segment is pegged at $502.24 million, indicating a 9.3% year-over-year rise. Growing adoption of digital communications and governance solutions and the Wealth InFocus platform are anticipated to have boosted the Investor Communication Solutions segment. Expansion in tokenization and digital asset infrastructure and integration of artificial intelligence across BR's technology platforms are likely to have contributed to the Global Technology and Operations segment. The Zacks Consensus Estimate for earnings in the to-be-reported quarter is pegged at $1.37 per share, indicating a 9.3% year-over-year decline. We expect slower sales conversion, higher implementation costs and expenses related to investment in new technology platforms to have impacted operating leverage, delayed expected earnings benefits and contributed to the bottom-line decline. Our proven model does not conclusively predict an earnings beat for Broadridge this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. However, that is not the case here. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. Broadridge has an Earnings ESP of 0.00% and a Zacks Rank #3 at present. You can see the complete list of today's Zacks #1 Rank stocks here. Here are a few stocks from the broader Computer and Technology sector, which, according to our model, have the right combination of elements to beat on earnings this reporting cycle. Camtek Ltd. CAMT has an Earnings ESP of +0.85% and a Zacks Rank of 2. The company is scheduled to report its third-quarter 2026 results on Nov. 4. The Zacks Consensus Estimate for CAMT's third-quarter 2026 revenues is pegged at $160.37 million, indicating year-over-year growth of 27.3%. For earnings, the consensus mark is pegged at 98 cents per share, implying a 19.5% increase from the year-ago quarter's actual. Camtek beat the consensus estimate in three of the trailing four quarters and missed once, with the average earnings surprise being 1%. Microchip Technology Incorporated MCHP has an Earnings ESP of +3.31% and a Zacks Rank of 2. The company is scheduled to declare its second-quarter fiscal 2027 results on Nov. 5. The Zacks Consensus Estimate for MCHP's second-quarter fiscal 2027 revenues is pegged at $1.61 billion, indicating 41% year-over-year growth. The consensus estimate for earnings is pegged at 94 cents per share, implying a year-over-year increase of more than 100%. Microchip Technology beat the consensus estimate in each of the trailing four quarters, delivering an earnings surprise of 7.7% on average. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Broadridge Financial Solutions, Inc. (BR) : Free Stock Analysis Report Microchip Technology Incorporated (MCHP) : Free Stock Analysis Report Camtek Ltd. (CAMT) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Lattice Semiconductor Corporation LSCC is set to report third-quarter 2026 results on Nov. 2, after the closing bell. In the last reported quarter, the company delivered an earnings surprise of 20.45%. It pulled off a trailing four-quarter earnings surprise of 8.59% on average, beating estimates twice in the previous quarters. The company is expected to record year-over-year revenue growth, supported by favorable demand trends and progress in its strategic initiatives. Continued efforts to strengthen its market position might support its quarterly results. During the third quarter of 2026, Lattice Semiconductor is expected to have benefited from steady demand for its low-power FPGA solutions across industrial, communications and embedded computing markets. Growing adoption of programmable devices with better energy efficiency, flexibility and performance could have increased the company's product sales during the quarter. During the quarter under review, rising investments in AI and cloud infrastructure are expected to have supported demand for Lattice's solutions used in advanced computing systems. Higher spending by hyperscalers and enterprise customers might have created new business opportunities and supported quarterly revenues. Lattice's acquisition of AMI is expected to have contributed to its September quarter performance by broadening its product portfolio with additional firmware and infrastructure management capabilities. The acquisition is also likely to have strengthened customer relationships and created opportunities to generate additional revenues from integrated solutions. During the to-be-reported quarter, Lattice's continued investments in technology and software development are expected to have supported new design wins. Ongoing customer engagement and the development of solutions for emerging applications would have encouraged wider product adoption and strengthened its long-term growth prospects. For the September quarter, the Zacks Consensus Estimate for total revenues is pegged at $255.1 million, indicating an increase from $133 million recorded a year ago. The consensus mark for earnings is pegged at 55 cents per share, indicating an increase from 28 cents reported in the year-ago quarter. Our proven model does not predict an earnings beat for Lattice for the third quarter. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. This is not the case here. Earnings ESP: Earnings ESP, which represents the difference between the Most Accurate Estimate and the Zacks Consensus Estimate, is -0.60%. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. Zacks Rank: Lattice sports a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here. Lattice Semiconductor Corporation price-eps-surprise | Lattice Semiconductor Corporation Quote Here are some companies you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this season: Shopify Inc. SHOP has an Earnings ESP of +10.11% and sports a Zacks Rank #1 at present. It is set to release its third-quarter 2026 numbers on Nov. 3. The Earnings ESP for Microchip Technology Incorporated MCHP is +3.31%, and it carries a Zacks Rank of 2 at present. The company is scheduled to report second-quarter fiscal 2027 numbers on Nov. 5. The Earnings ESP for Yelp Inc. YELP is +12.50%, and it sports a Zacks Rank of 1 at present. The company is scheduled to report third-quarter 2026 numbers on Nov. 5. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Lattice Semiconductor Corporation (LSCC) : Free Stock Analysis Report Microchip Technology Incorporated (MCHP) : Free Stock Analysis Report Yelp Inc. (YELP) : Free Stock Analysis Report Shopify Inc. (SHOP) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Amkor Technology AMKR reported third-quarter 2026 earnings of 76 cents per share, missing the Zacks Consensus Estimate by 3.8%. Earnings rose 49% from 51 cents a year ago, reflecting a richer mix of high-value packaging despite weakness in Communications. Net sales of $1.99 billion increased 0.2% year over year but missed the Zacks Consensus Estimate by 1.34%. Computing revenues climbed 25% sequentially to a record as the company scaled its high-density fan-out (HDFO) CPU program. Advanced products generated $1.63 billion in third-quarter sales, down 3.1% from $1.68 billion a year earlier. Mainstream products contributed $359 million, up 18.5% from $303 million. Advanced products include flip-chip, memory and wafer-level processing services, while mainstream offerings primarily comprise wirebond packaging and related testing. Packaging services accounted for 88% of sales, down from 89% in the year-ago quarter, while test services represented 12%, up from 11%. Revenue concentration eased as the top 10 customers contributed 66% of sales compared with 73% a year earlier. Amkor Technology, Inc. price-consensus-eps-surprise-chart | Amkor Technology, Inc. Quote Computing represented 26% of quarterly sales versus 19% a year ago. Revenues in this market grew 37% year over year, supported by data center demand and the HDFO CPU ramp. An additional HDFO CPU program for a hyperscaler began ramping during the quarter. Two new 2.5D programs for networking and data centers are expected to start ramping in the fourth quarter. Automotive and Industrial also posted 37% year-over-year revenue growth, accounting for 22% of sales versus 16% last year. Demand for advanced driver-assistance systems, in-car computing and industrial applications drove a 7% sequential increase. Communications contributed 37% of revenues, down from 51% a year ago, and sales fell 8% sequentially. The transition of system-in-package (SiP) production to Vietnam, memory constraints and changes in customer build patterns weighed on demand. Consumer sales rose 10% sequentially, although component shortages affected premium smartphones and wearables. Gross profit increased 27.8% year over year to $363.5 million. Gross margin expanded 400 basis points to 18.3%, aided by stronger Computing and Automotive contributions. Lower material costs as a percentage of sales helped, although foreign-exchange pressures and the July earthquake at Amkor's Japan facility reduced the sequential margin by approximately 60 basis points. Operating expenses totaled $138.8 million, up from $125.6 million a year ago. Operating income rose 41.4% to $224.7 million, lifting operating margin to 11.3% from 8%. Net income attributable to Amkor increased 50.6% to $190.6 million. EBITDA, a non-GAAP measure, reached $435 million compared with $340 million a year earlier. As of Sept. 30, 2026, Amkor held $2.4 billion in cash and short-term investments against $2.5 billion in total debt. Liquidity totaled $3.4 billion, and debt was 1.7 times trailing 12-month EBITDA. The company repurchased approximately $32 million of shares during the quarter. For the first nine months of 2026, operating cash flow reached $868.3 million versus $451.1 million in the year-ago period. Payments for property, plant and equipment increased to $1.24 billion from $472.5 million, reflecting a stepped-up investment cycle. For the fourth quarter of 2026, management expects revenues between $1.9 billion and $2 billion, gross margin of 18% to 19% and net income of $160 million to $185 million. Earnings are forecast at 65-75 cents per share. Computing revenues are projected to grow at a low-double-digit sequential rate, while Automotive and Industrial should advance at a low-single-digit rate. Communications revenues are expected to decline by a high-single-digit percentage, with Consumer sales falling by a mid-teens percentage amid continuing component shortages. Management expects Computing to grow more than 50% year over year in the fourth quarter and more than 30% for 2026 overall. Amkor narrowed its full-year 2026 capital spending forecast to approximately $2.5 billion. Management anticipates higher expenditures in 2027 as it expands capacity in Arizona, Korea and Vietnam, with customer advance payments supporting investment. The company's two Arizona campus phases entail an estimated $12 billion investment and more than 90,000 square meters of clean-room space. Phase 1 construction remains on track for completion by the end of 2027, while Phase 2 is slated to break ground in late 2027. In Korea, new facilities will support advanced packaging for data center customers. Management said agreements involving advance payments have been executed with about a dozen customers, improving visibility into future capacity needs. Amkor currently carries a Zacks Rank #3 (Hold). ASE Technology ASX, Fortinet FTNT and Microchip MCHP are among the better-ranked stocks that investors can consider in the broader Zacks Computer and Technology sector. Currently, ASE Technology sports a Zacks Rank #1 (Strong Buy), while Fortinet and Microchip carry a Zacks Rank #2 (Buy) each. You can see the complete list of today's Zacks #1 Rank stocks here. ASE Technology's shares have surged 147.9% year to date. ASX is scheduled to report its third-quarter 2026 results on Oct. 29. Fortinet's shares have climbed 130.9% year to date. FTNT is slated to report its third-quarter 2026 results on Oct. 28. Microchip's shares have gained 19.2% year to date. MCHP is scheduled to report its fiscal second-quarter 2027 results on Nov. 5, 2026. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Amkor Technology, Inc. (AMKR) : Free Stock Analysis Report Microchip Technology Incorporated (MCHP) : Free Stock Analysis Report Fortinet, Inc. (FTNT) : Free Stock Analysis Report ASE Technology Holding Co., Ltd. (ASX) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

With a market cap of $40.2 billion, Microchip Technology Incorporated (MCHP) is a global provider of smart, connected, and secure embedded control solutions, operating across the Americas, Europe, and Asia. It designs and manufactures a wide range of semiconductor products, including microcontrollers, microprocessors, analog devices, memory solutions, and specialized technologies for diverse industrial, automotive, and communication applications. The Chandler, Arizona-based company is slated to announce its fiscal Q2 2027 results after the market closes on Nov. 5. Ahead of the release, analysts predict MCHP to report adjusted EPS of $0.82, a 215.4% jump from $0.26 in the year-ago quarter. It has exceeded or met Wall Street's earnings expectations in three of the past four quarters while missing on another occasion. - How to Play RKLB Stock as Rocket Lab Pushes Its Neutron Launch to Next Year - Dell, Lenovo, Cisco, HPE, Supermicro: Why AMD's New AI Blueprint Has Everyone Signing On - Morgan Stanley Sees Amazon Stock Surging 100% with AWS Hitting $1 Trillion in Revenue Sooner Than People Think - Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! For fiscal 2027, analysts expect the chipmaker to report adjusted EPS of $3.20, a surge of 175.9% from $1.16 in fiscal 2026. Shares of Microchip Technology have risen 18.2% over the past 52 weeks, outpacing the broader S&P 500 Index's ($SPX) 13% gain. However, the stock has lagged behind the State Street Technology Select Sector SPDR ETF's (XLK) 26.1% increase over the same period. Microchip Technology shares soared 13.9% following its Q1 2027 results on Aug. 6, as quarterly revenue reached $1.49 billion and adjusted EPS of $0.76, beating analysts' estimates. The rally was further fueled by an upbeat Q2 forecast, with revenue projected at $1.59 billion - $1.62 billion and adjusted EPS of $0.91 - $0.95. The stronger outlook reflected recovering demand across industrial and automotive markets, rising demand for chips used in AI data centers, and robust aerospace and defense spending amid geopolitical tensions. Analysts' consensus view on MCHP stock remains bullish, with a "Strong Buy" rating overall. Out of 25 analysts covering the stock, 18 recommend a "Strong Buy," one "Moderate Buy," and six "Holds." The average analyst price target is $108.72, indicating a potential upside of 42.9% from the current levels. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com

TTM Technologies TTMI is slated to report third-quarter 2026 results before the market opens on Oct. 22. For the third quarter of 2026, TTMI expects net sales between $1.10 billion and $1.14 billion. The Zacks Consensus Estimate for revenues is pegged at $1.13 billion, indicating a 50.02% increase from the year-ago quarter's reported figure. TTM Technologies expects non-GAAP earnings between $1.21 and $1.27 per share. The consensus mark for earnings is pegged at $1.25 per share, which has remained stable over the past 30 days. However, this marks robust year-over-year growth of 86.57%. Image Source: Zacks Investment Research The company has a consistent track record of positive earnings surprises, surpassing the Zacks Consensus Estimate in each of the past four quarters and delivering an average earnings surprise of 8.51%. TTM Technologies, Inc. price-eps-surprise | TTM Technologies, Inc. Quote Our proven model does not conclusively predict an earnings beat for TTM Technologies this time around. According to the Zacks model, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. However, this is not the case here, as you can see below. TTMI has an Earnings ESP of 0.00% at present and a Zacks Rank #3. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. TTM Technologies is expected to have benefited from robust demand for AI data centers and networking infrastructure in the third quarter of 2026. The company reported 91% year-over-year growth in this end market in the second quarter and expects it to contribute approximately 49% of third-quarter sales, up from 40% in the preceding quarter. The ramp-up of N+M asymmetrical interconnect printed circuit boards, supported by completed Phase 1 factory expansions, is likely to have further boosted sales. The company also indicated that the N+M production ramp-up should support adjusted EBITDA margin improvement as production volumes and yields increase. TTM Technologies is expected to have gained from strong aerospace and defense (A&D) demand, supported by increasing defense budgets and robust bookings across strategic programs. The company's $1.7 billion defense backlog and 1.3 book-to-bill ratio exiting the second quarter provide healthy revenue visibility. Programs involving Golden Dome, APS-153 maritime surveillance radar and ATP Sensor Systems are likely to have supported performance. Moreover, the initial production ramp of Ultra-High-Density Interconnect (Ultra-HDI) products at its new Syracuse facility during the third quarter is expected to have strengthened its advanced defense electronics capabilities. The Medical, Industrial and Instrumentation end market is expected to have contributed positively to TTM Technologies' third-quarter performance. Strong demand for continuous glucose monitoring devices, surgical robotics and electrophysiology solutions is likely to have supported medical revenues. Growing adoption of automated test equipment supporting AI applications is anticipated to have strengthened instrumentation demand. The segment recorded 33% year-over-year growth in the preceding quarter, while management projected 35-40% growth for full-year 2026. These favorable demand trends are expected to have supported revenue growth in the quarter under review. However, TTM Technologies is likely to have faced pressure from its automotive business in the quarter under review. Management expects automotive to account for approximately 6% of third-quarter sales, down from 8% in the previous quarter, reflecting continued weakness and limited availability of certain supply chain materials. Copper-clad laminate producers are shifting away from lower-complexity materials toward higher-complexity products, creating potential supply constraints. Although TTMI is working with suppliers to secure adequate materials, these challenges could have restricted sales opportunities and affected production flexibility in the quarter to be reported. Shares of TTM Technologies have climbed 46.9% year to date, outperforming the Zacks Computer and Technology sector's 19.2% rise. Among its competitors, Microchip Technology MCHP has advanced 16.5% and Mercury Systems MRCY has gained 4.6%, whereas Curtiss-Wright CW has declined 9.1% over the same period. While Mercury Systems and Curtiss-Wright compete with TTMI in the Aerospace and Defense (A&D) market, Microchip Technology operates in the RF & Components (RF&S) space. Image Source: Zacks Investment Research Now, let's look at the value TTM Technologies offers investors at current levels. Currently, TTMI appears overvalued, as suggested by the Value Score of C. TTMI trades at 37.96x trailing 12-month (P/E), well above the Zacks Electronics - Miscellaneous Components industry average of 21.32x. Its competitors also trade at varying multiples: Microchip Technology at 22.5x, Mercury Systems at 236.53x and Curtiss-Wright at 34.78x. Image Source: Zacks Investment Research TTM Technologies is benefiting from strong AI-related demand, defense spending and growth in medical electronics. Its expanding backlog, improving margins and planned European acquisitions offer additional growth opportunities. However, capacity expansion, production ramp-ups, supply constraints and debt obligations could create challenges. TTMI's growth outlook remains positive, but its performance will depend on managing costs, expanding production successfully and maintaining strong customer demand. TTM Technologies' outlook ahead of its third-quarter 2026 results reflects strong growth opportunities from AI data centers, defense and medical electronics, supported by improving margins and a growing backlog. However, its premium valuation, rising capital spending, supply constraints and production challenges warrant caution. Given the company's growth prospects and execution risks, existing investors may consider holding their positions, while prospective investors may wait for the upcoming results and a more attractive entry point before making a decision. You can see the complete list of today's Zacks #1 Rank stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report TTM Technologies, Inc. (TTMI) : Free Stock Analysis Report Microchip Technology Incorporated (MCHP) : Free Stock Analysis Report Curtiss-Wright Corporation (CW) : Free Stock Analysis Report Mercury Systems Inc (MRCY) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Microchip Technology (MCHP), which belongs to the Zacks Semiconductor - Analog and Mixed industry, could be a great candidate to consider. This chipmaker has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 11.29%. For the most recent quarter, Microchip Tech was expected to post earnings of $0.7 per share, but it reported $0.76 per share instead, representing a surprise of 8.57%. For the previous quarter, the consensus estimate was $0.5 per share, while it actually produced $0.57 per share, a surprise of 14.00%. For Microchip Tech, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's positive Zacks Earnings ESP (Expected Surprise Prediction), it's a great indicator of a future earnings beat, especially when combined with its solid Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Microchip Tech currently has an Earnings ESP of +3.31%, which suggests that analysts have recently become bullish on the company's earnings prospects. This positive Earnings ESP when combined with the stock's Zacks Rank #3 (Hold) indicates that another beat is possibly around the corner. When the Earnings ESP comes up negative, investors should note that this will reduce the predictive power of the metric. But, a negative value is not indicative of a stock's earnings miss. Many companies end up beating the consensus EPS estimate, though this is not the only reason why their shares gain. Additionally, some stocks may remain stable even if they end up missing the consensus estimate. Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microchip Technology Incorporated (MCHP) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research