Various embodiments of the present invention provide systems and methods for acquiring timing and/or gain information. For example, various embodiments of the present invention provide data processing circuits that include a sample splitting circuit, a first averaging circuit, a second averaging circuit and a parameter calculation circuit. The sample splitting circuit receives a data input that includes a series of samples that repeat periodically over at least a first phase and a second phase. The sample splitting circuit divides the series of samples into at least a first sub-stream corresponding to the first phase and a second sub-stream corresponding to the second phase. The first averaging circuit averages values from the first sub-stream to yield a first average, and the second averaging circuit averages values from the second sub-stream to yield a second average. The parameter calculation circuit calculates a parameter value based at least in part on the first average and the second average.