On Monday 4th November 2024, Cirrus Logic (NASDAQ: CRUS) will release its highly anticipated second quarter financial results. This important announcement is scheduled to occur after market close.
As per the projections made by financial experts on Wall Street, the business is expected to announce an estimated $2.02 profit per share for the quarter. Moreover, the firm is likely to disclose a quarterly revenue of $520.48 million.
In the previous year's corresponding quarter, the company's earnings report revealed a per-share income of $1.8. Moreover, the company achieved a remarkable total revenue of $481.06 million during that quarter.
Financial experts on Wall Street have shared their predictions regarding the company's annual performance, estimating a total revenue of $1.89 billion. Additionally, they are expecting the company to report profit of $6.86 per share for the full year 2025.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q1 2025 | $1.12 | +67.2% | 374.03 M | +18.0% |
| Q4 2024 | $1.24 | +34.8% | 371.83 M | -0.3% |
| Q3 2024 | $2.89 | +20.4% | 618.98 M | +4.8% |
| Q2 2024 | $1.80 | -9.5% | 481.06 M | -11.0% |
| Q1 2024 | $0.67 | -40.2% | 317.02 M | -19.5% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 4th November 2024 at 05:00 PM eastern time to discuss Q2 financial results.
The previous trading day saw Cirrus Logic (CRUS) shares trading between $109.56 and $112.24, besides a volume of 686.20 thousand shares. The stock closed Friday's regular trading session at $110.30, demonstrating 0.44 percent gain.
