Credo Technology Group Holding Ltd expected to post earnings of $1.03 a share - Earnings Preview
Credo Technology Group Holding Ltd <CRDO.OQ> expected to post earnings of $1.03 a share - Earnings Preview
Credo Technology Group Holding Ltd CRDO.OQ CRDO.O is expected to show a rise in quarterly revenue when it reports results on June 1 for the period ending April 30 2026
The Cayman Islands-based company is expected to report a 154.1% increase in revenue to $432.046 million from $170.03 million a year ago, according to the mean estimate from 14 analysts, based on LSEG data.The company's guidance on March 2 2026, for the period ended April 30, was for revenue between $425.00 million and $435.00 million.
LSEG's mean analyst estimate for Credo Technology Group Holding Ltd is for earnings of $1.03 per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy," 1 "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 Credo Technology Group Holding Ltd is $210.00, about 11% below its last closing price of $236.03
The company's guidance on March 2 2026 for the period ended April 30 was for gross profit margin between USD64% and USD66%.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Jan. 31 2026 | 0.99 | 0.96 | 1.07 | Beat | 12 |
Oct. 31 2026 | 0.49 | 0.49 | 0.67 | Beat | 36.2 |
Jul. 31 2025 | 0.37 | 0.36 | 0.52 | Beat | 43.5 |
Apr. 30 2025 | 0.28 | 0.28 | 0.35 | Beat | 26.9 |
Jan. 31 2025 | 0.18 | 0.18 | 0.25 | Beat | 36.3 |
Oct. 31 2024 | 0.06 | 0.05 | 0.07 | Beat | 32.1 |
Jul. 31 2024 | 0.04 | 0.04 | 0.04 | Met | -2.2 |
Apr. 30 2024 | 0.05 | 0.05 | 0.07 | Beat | 34.9 |
This summary was machine generated May 29 at 23:02 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)