How did PI's Q1 2025 EPS forecast compare to past trends?

Impinj's Q1 2025 EPS forecast is expected to be significantly lower than the company's recent past trends. 1. **Current EPS Forecast**: Impinj's Q1 2025 EPS forecast ranges from $0.06 to $0.11, with a midpoint of $0.08. This is a substantial decrease from the company's recent past performance. 2. **Comparison with Recent Past Trends**: - Impinj's EPS for Q1 2025 is projected to be much lower than the EPS of $1.39 reported for Q4 2024. - The EPS forecast for Q1 2025 is also significantly below the EPS of $0.96 reported for Q1 2024. 3. **Analyst Expectations and Performance**: Analysts had expected an EPS of $0.43 for Q1 2025, which is more than three times the forecasted EPS. This indicates a potential shortfall in expected earnings. 4. **Revenue Context**: The revenue guidance for Q1 2025 is $70 million to $73 million, which, although not directly comparable to EPS, reflects a decline from the $91.6 million reported in Q4 2024. This decline in revenue guidance could suggest a decrease in profitability, which in turn could impact EPS. 5. **Challenges Ahead**: The forecasted EPS decline is due to anticipated headwinds in inventory management and geopolitical challenges, which are expected to impact the company's performance in Q1 2025. In summary, Impinj's Q1 2025 EPS forecast is considerably below the company's recent historical performance and analyst expectations, reflecting anticipated market challenges and reduced profitability.