Earnings In Focus: June 5 (HDS, AMBA)

(RTTNews) - HD Supply Holdings Inc. (HDS) intends to release its Q1 financial results today, with Wall Street analysts estimating earnings of $0.64 per share and revenue of $1.36 billion for the quarter.

* Sees Q1 net sales of $1.325 bln - $1.375 bln. * Expects Q1 adj. net income of $0.60 - $0.66.

Year-Ago Numbers:

* Net sales - $1.9 bln * Net income - $85 mln * EPS - $0.42 * Adj. Net income - $127 mln * Adj. EPS - $0.63.

FY18 Guidance

* Expects FY18 net sales between $5.760 bln and $5.910 bln; Consensus - $5.86 bln. * Expects FY18 adj. net income of $2.99 - $3.21 per share; Consensus - $3.16/Shr. * Estimates end market growth of about 2%-3% in FY18.

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Ambarella Inc. (AMBA) is due to release its first-quarter results today after the bell. Analysts polled by Thomson Reuters expect earnings of $0.09 per share on revenue of $56.14 million for the quarter.

* Projects Q1 revenue of $54.5 mln - $57.5 mln; representing a decline of 15% - 10.3% from Q1 last year. * Expects non-GoPro revenues to decline about 12% from last year. * Sees Q1 non-GAAP gross margin between 60.0% and 62.0%

Year-Ago Numbers:

* Revenue - $64.1 mln * GAAP net income - $2.6 mln * EPS - $0.07 * Non-GAAP net income - $13.4 mln * Non-GAAP EPS - $0.39.

The company intends to continue to accelerate the development and deployment of CV solutions in all its key markets.

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