Cirrus Logic Inc expected to post earnings of $2.14 a share - Earnings Preview

Cirrus Logic

28/01/2022 21:42

* Cirrus Logic Inc  CRUS.OQ   CRUS.O  is expected to show a
rise
in quarterly revenue when it reports  results on January 31. 
    * The Austin Texas-based  company is expected to report  a
5.1% increase in revenue to $510.425 million from $485.8 million
a year ago, according to the mean estimate from 13 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Cirrus Logic Inc is
for
earnings of $2.14 per share. For the same quarter last year, the
company reported earnings of $2.13 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 2
"hold" and 1 "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 $110​, about 24.7% above​ its last closing price
of $82.83. ​​​
    * 

This summary was machine generated January 28 at 21:42 GMT.  All
figures in US dollars  unless otherwise stated