Microchip Technology Inc reports results for the quarter ended June 30 - Earnings Summary
08/08/2025 05:24
Microchip Technology Inc MCHP.OQ reported quarterly adjusted earnings of 27 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 53 cents. The mean expectation of twenty two analysts for the quarter was for earnings of 24 cents per share. Wall Street expected results to range from 22 cents to 27 cents per share. Revenue fell 13.4% to $1.08 billion from a year ago; analysts expected $1.05 billion. Microchip Technology Inc's reported EPS for the quarter was a loss of 9 cents. The company reported a quarterly loss of $46.4 million. Microchip Technology Inc shares had fallen by 6.0% this quarter and gained 15.4% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had risen by about 8.9% in the last three months. In the last 30 days, there have been no negative revisions of earnings estimates RECOMMENDATIONS The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell." The average consensus recommendation for the semiconductors peer group is also "buy" Wall Street's median 12-month price target for Microchip Technology Inc is $75.00, about 11.7% above its last closing price of $66.22 This summary was machine generated from LSEG data August 8 at 04:23 a.m. UTC. 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)
| QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Jun. 30 2025 | 0.24 | 0.27 | Beat |
| Mar. 31 2025 | 0.11 | 0.11 | Met |
| Dec. 31 2024 | 0.27 | 0.20 | Missed |
| Sep. 30 2024 | 0.43 | 0.46 | Beat |