Cirrus Logic Inc CRUS.OQ CRUS.O is expected to show a rise in quarterly revenue when it reports results on May 6 for the period ending March 31 2025
The Austin Texas-based company is expected to report a 2.3% increase in revenue to $380.308 million from $371.83 million a year ago, according to the mean estimate from 7 analysts, based on LSEG data.The company's guidance on February 4 2025, for the period ended March 31, was for revenue between $350.00 million and $410.00 million.
LSEG's mean analyst estimate for Cirrus Logic Inc is for earnings of $1.18 per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 3 "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 $125.00, above its last closing price of $95.54.
The company's guidance on February 4 2025 for the period ended March 31 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 % |
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 |
Mar. 31 2024 | 0.66 | 0.64 | 1.24 | Beat | 93.4 |
Dec. 31 2023 | 2.01 | 2.01 | 2.89 | Beat | 43.6 |
Sep. 30 2023 | 1.56 | 1.54 | 1.80 | Beat | 16.6 |
Jun. 30 2023 | 0.41 | 0.41 | 0.67 | Beat | 63.9 |
Mar. 31 2023 | 0.85 | 0.84 | 0.92 | Beat | 9.7 |
This summary was machine generated May 2 at 21:00 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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