Recap: Cirrus Logic Q3 Earnings

Comments
Loading...

Cirrus Logic CRUS reported its Q3 earnings results on Tuesday, February 6, 2024 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Cirrus Logic beat estimated earnings by 43.78%, reporting an EPS of $2.89 versus an estimate of $2.01.

Revenue was up $28.40 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.26 which was followed by a 0.27% increase in the share price the next day.

Here's a look at Cirrus Logic's past performance:

Quarter Q2 2024 Q1 2024 Q4 2023 Q3 2023
EPS Estimate 1.54 0.41 0.84 1.99
EPS Actual 1.80 0.67 0.92 2.40
Revenue Estimate 457.59M 290.58M 367.69M 544.60M
Revenue Actual 481.06M 317.02M 372.82M 590.58M

To track all earnings releases for Cirrus Logic visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Overview Rating:
Speculative
50%
Technicals Analysis
66
0100
Financials Analysis
40
0100
Overview
Market News and Data brought to you by Benzinga APIs
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!