Cirrus Logic Inc expected to post earnings of $1.10 a share - Earnings Preview

Cirrus Logic

02/08/2025 24:00

Cirrus Logic Inc CRUS.OQ CRUS.O is expected to  show a fall in quarterly revenue when it reports  results on August 5 for the period ending June 30 2025

The Austin Texas-based  company is expected to report a 2.6% decrease in revenue to $364.346 million from $374.03 million a year ago, according to the mean estimate from 7 analysts, based on LSEG data.The company's guidance on May 6 2025, for the period ended June 30, was for revenue between $330.00 million and $390.00 million.

​LSEG's mean analyst estimate for Cirrus Logic Inc is for earnings of $1.10 per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for Cirrus Logic Inc is $125.00, about 18.3% above its last closing price of $102.08

The company's guidance on May 6 2025 for the period ended June 30 was for gross profit margin between USD51% and USD53%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Mar. 31 2025
1.18
1.18
1.67
Beat
41.7
Dec. 31 2025
2.04
2.12
2.51
Beat
18.2
Sep. 30 2024
2.02
2.02
2.25
Beat
11.4​
Jun. 30 2024
0.63
0.61
1.12
Beat
82.1
​​Mar. 31 2024
0.66
0.64
1.24
Beat
93.4
Dec. 31 2023
2.01
2.01
2.89
Beat
43.6​
Sep. 30 2023
1.56
1.54
1.80
Beat
16.6
Jun. 30 2023
0.41
0.41
0.67
Beat
63.9

This summary was machine generated August 1 at 23:00 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)