What To Watch For From Ambarella

Ambarella( AMBA) is set to release their FQ1’19 earnings after the market closes on Tuesday, June 5th. Estimize expects an EPS consensus of $0.14, which is more bullish that Wall Street’s $0.09. Estimize predicts a YoY Growth Rate of -77%, which would continue the negative trend seen in their past three fiscal quarters.

Estimize expects revenue to come in at $56.95M whereas Wall Street anticipates a slightly lower revenue of $56.23M. Estimize beats Wall Street’s predicted EPS 100% of the time, therefore it can be expected to see an EPS closer to Estimize’s value.