Cirrus Logic Inc expected to post earnings of $1.81 a share - Earnings Preview
Cirrus Logic Inc expected to post earnings of $1.81 a share - Earnings Preview
Cirrus Logic Inc CRUS.OQ CRUS.O is expected to show a rise in quarterly revenue when it reports results on August 5 for the period ending June 30 2026
The Austin Texas-based company is expected to report a 13.0% increase in revenue to $460.3 million from $407.27 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.The company's guidance on May 6 2026, for the period ended June 30, was for revenue between $430.00 million and $490.00 million.
LSEG's mean analyst estimate for Cirrus Logic Inc is for earnings of $1.81 per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "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 $190.00, about 49.2% above its last closing price of $127.33
The company's guidance on May 6 2026 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 2026 | 1.77 | 1.76 | 1.95 | Beat | 10.7 |
Dec. 31 2026 | 2.45 | 2.44 | 2.97 | Beat | 21.9 |
Sep. 30 2025 | 2.37 | 2.37 | 2.83 | Beat | 19.5 |
Jun. 30 2025 | 1.11 | 1.10 | 1.51 | Beat | 37.8 |
Mar. 31 2025 | 1.18 | 1.18 | 1.67 | Beat | 41.7 |
Dec. 31 2024 | 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 |
This summary was machine generated August 3 at 23:48 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)
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