* Cirrus Logic Inc reported quarterly adjusted earnings of $2.25​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.80. The mean expectation of seven analysts for the quarter was for earnings of $2.02 per share. Wall Street expected results to range from $2.00 to $2.03 per share.

* Revenue rose 12.6% to $541.86 million from a year ago; analysts expected $520.48 million.

* Cirrus Logic Inc's reported EPS for the quarter was $1.83​.

* The company reported quarterly net income of $102.14 million.

* Cirrus Logic Inc shares had fallen by 10.9% this quarter and gained 33.0% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had risen by about 10.8% in the last three months.​

* In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 4 "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 Cirrus Logic Inc is $135.00 This summary was machine generated from LSEG data November 5 at 07:45 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

Sep. 30 2024 2.02 2.25 Beat

Jun. 30 2024 0.61 1.12 Beat

Mar. 31 2024 0.64 1.24 Beat

Dec. 31 2023 2.01 2.89 Beat