Cirrus Logic Inc. logo

CRUS

Cirrus Logic Inc.

$137.93

Earnings Summary

Revenue
$371.83Mn
Net Profits
$44.84Mn
Net Profit Margins
12.06%
PE Ratio
27.88

Highlights

Revenue:

Cirrus Logic Inc.’s revenue fell -0.27% since last year same period to $371.83Mn in the Q1 2024. On a quarterly growth basis, Cirrus Logic Inc. has generated -39.93% fall in its revenue since last 3-months.

Net Profits:

Cirrus Logic Inc.’s net profit jumped 183.55% since last year same period to $44.84Mn in the Q1 2024. On a quarterly growth basis, Cirrus Logic Inc. has generated -67.68% fall in its net profits since last 3-months.

Net Profit Margins:

Cirrus Logic Inc.’s net profit margin jumped 183.78% since last year same period to 12.06% in the Q1 2024. On a quarterly growth basis, Cirrus Logic Inc. has generated -46.19% fall in its net profit margins since last 3-months.

PE Ratio:

Cirrus Logic Inc.’s price-to-earnings ratio after this Q1 2024 earnings stands at 27.88.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Cirrus Logic Inc. post its latest quarter earnings

EPS Estimate Current Quarter
0.61
EPS Estimate Current Year
0.61

Highlights

EPS Estimate Current Quarter:

Cirrus Logic Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.61 - a -4.69% fall from last quarter’s estimates.

EPS Estimate Current Year:

Cirrus Logic Inc.’s earning per share (EPS) estimates for the current year stand at 0.61.

Key Ratios

Key ratios of the Cirrus Logic Inc. post its Q1 2024 earnings

Earning Per Share (EPS)
1.24
Return on Assets (ROA)
0.1
Return on Equity (ROE)
0.16

Highlights

Earning Per Share (EPS):

Cirrus Logic Inc.’s earning per share (EPS) jumped 34.78% since last year same period to 1.24 in the Q1 2024. This indicates that the Cirrus Logic Inc. has generated 34.78% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Cirrus Logic Inc.’s return on assets (ROA) stands at 0.1.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Cirrus Logic Inc.’s return on equity (ROE) stands at 0.16.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-24
0.64
1.24
93.75%