JUMP REPORT
Avg Daily Volume: 749,163 Market Cap: 4.81B
Sector: Technology Short Interest: 8.51
EARNINGS EXPECTATIONS:
THIS QTR: EPS: 1.13/share REV: 346.49/M
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LAST QTR: EPS: .99/share ACTUAL: 1.55/share (BEAT)
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NEXT QTR: EPS: .37/share REV: 245.68/M
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FULL YR: EPS: 3.40/share REV: 1,220/M
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*These are the base metrics we will be watching against the actual release numbers
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BEAT/MISS RECORD: 81% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 18.45, 22.32, -3.47
EXPECTED JUMP MOVE: 10%
Links To Latest News and Headlines
Cirrus Logic's (NASDAQ:CRUS) stock is up by a considerable 14% over the past month. Given that stock prices are…
Cirrus Logic (NASDAQ: CRUS) announces its next round of earnings this Monday, August 03. Here is Benzinga's everything-that-matters guide for this Monday's Q1 earnings announcement.Earnings and Revenue Analysts predict Cirrus Logic will report earnings of $0.3 per share on revenue of $225.18 million. Cirrus Logic earnings in the same period a year ago was $0.350 per share. Quarterly sales came in at $238.25 million. If the company were to match the consensus estimate when it reports Monday, EPS would have fallen 14.29%. Sales would be down 13.36% from the year-ago period. Here's how the company's reported EPS has stacked up against analyst estimates in the past:Quarter Q4 2020 Q3 2020 Q2 2019 Q1 2019 EPS Estimate 0.49 1.13 0.94 0.15 EPS Actual 0.68 1.41 1.55 0.35 Revenue Estimate 259.91 M 345.71 M 320.98 M 221.11 M Revenue Actual 279.29 M 374.67 M 388.91 M 238.25 M Stock Performance Over the last 52-week period, shares are up 31.0%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.View more earnings on CRUSDon't be surprised to see the stock move on comments made during its conference call. Cirrus Logic is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.cirrus.com%2Fhome%2Fdefault.aspx&eventid=2403577&sessionid=1&key=342938EF29A856F48E9A09D6850B7188®Tag=&sourcepage=registerSee more from Benzinga * 13 Technology Stocks Moving In Tuesday's Pre-Market Session * Benzinga's Top Upgrades, Downgrades For June 22, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Cirrus Logic, Inc. (Nasdaq: CRUS) today announced that the company will be presenting at the following investor conferences:
Cirrus Logic's (CRUS) Q1 performance expected to have been affected by decline in smartphone volumes due to the pandemic-induced shift in demand.
Cirrus Logic (CRUS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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