Microchip Technology Inc expected to post earnings of 69 cents a share - Earnings Preview
Microchip Technology Inc expected to post earnings of 69 cents a share - Earnings Preview
Microchip Technology Inc MCHP.OQ MCHP.O is expected to show a rise in quarterly revenue when it reports results on August 6 for the period ending June 30 2026
The Chandler Arizona-based company is expected to report a 35.6% increase in revenue to $1.458 billion from $1.08 billion a year ago, according to the mean estimate from 21 analysts, based on LSEG data.The company's guidance on May 7 2026, for the period ended June 30, was for revenue between $1.44 billion and $1.47 billion.
LSEG's mean analyst estimate for Microchip Technology Inc is for earnings of 69 cents per share. The company's EPS guidance on May 7 2026, for the period ended June 30, was between $0.67 and $0.71
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy," 6 "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 Microchip Technology Inc is $117.00, about 55.5% above its last closing price of $75.22
The company's guidance on May 7 2026 for the period ended June 30 was for Earnings before Interest and Taxes between USD475.86 million and USD506.805 million.The company's guidance on May 7 2026 for the period ended June 30 was for Capital Expenditures of USD20 million.The company's guidance on May 7 2026 for the period ended June 30 was for gross profit margin between USD62.25% and USD63.25%.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Mar. 31 2026 | 0.51 | 0.51 | 0.57 | Beat | 12.8 |
Dec. 31 2026 | 0.43 | 0.41 | 0.44 | Beat | 6.8 |
Sep. 30 2025 | 0.34 | 0.33 | 0.35 | Beat | 4.6 |
Jun. 30 2025 | 0.24 | 0.24 | 0.27 | Beat | 14 |
Mar. 31 2025 | 0.10 | 0.11 | 0.11 | Met | 4.7 |
Dec. 31 2024 | 0.26 | 0.27 | 0.20 | Missed | -26.3 |
Sep. 30 2024 | 0.43 | 0.43 | 0.46 | Beat | 7 |
Jun. 30 2024 | 0.52 | 0.52 | 0.53 | Beat | 2 |
This summary was machine generated August 4 at 22:18 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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Microchip Technology Inc reports results for the quarter ended June 30 - Earnings Summary