A Look Ahead: Microchip Technology's Earnings Forecast

Microchip Technology MCHP is preparing to release its quarterly earnings on Thursday, 2025-05-08. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Microchip Technology to report an earnings per share (EPS) of $0.10.

Investors in Microchip Technology are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Performance in Previous Earnings

In the previous earnings release, the company missed EPS by $0.08, leading to a 2.3% drop in the share price the following trading session.

Here's a look at Microchip Technology's past performance and the resulting price change:

Microchip Technology Share Price Analysis

Shares of Microchip Technology were trading at $47.24 as of May 06. Over the last 52-week period, shares are down 47.88%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

To track all earnings releases for Microchip Technology visit their earnings calendar on our site.

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