Analysts have raised their earnings estimates for Vicor, pushing the modular power components maker's consensus outlook higher for both the current quarter and the full year. For the current quarter, the company is expected to earn $0.87 per share, a year-over-year change of +38.1%, with one estimate moving higher over the last 30 days and no negative revisions, lifting the Zacks Consensus Estimate by 16%. For the full year, Vicor is expected to earn $3.49 per share, representing a year-over-year change of +33.7%, as one estimate moved up over the past month against no downward revisions, pushing the consensus estimate 6.4% higher. The favorable estimate revisions have earned Vicor a Zacks Rank #2 (Buy), and the stock has gained 17.9% over the past four weeks.
Vicor CorporationAnalysts raised Vicor's earnings estimates for the quarter and full year, lifting its Zacks Rank to Buy.
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