Cirrus Logic, Inc. (NASDAQ:CRUS) Yearly Sales Target At $357.55


The EPS projection of Cirrus Logic, Inc. (NASDAQ:CRUS) for quarter ended 2016-09-30 is $0.54. A week before, the EPS forecast was $0.54 against target of $0.54, a month earlier. This estimate stood at $0.54 60 days earlier versus forecast of $0.54 90 days earlier, confirming a deviation of 0%.

Cirrus Logic, Inc. (NASDAQ:CRUS) reported that 18 days ago, the positive EPS revisions were 0 and negative revisions at 2.

In last week, the per-share earnings was lowered 0 times and 0 times positively. In last 120, 60, 30 and 90 days the positive revisions were 1, 1, 0 and 1, respectively.

The downgrade of EPS estimates for Cirrus Logic, Inc. (NASDAQ:CRUS) in the preceding 120, 60, 30 and 90 days were 1, 1, 0 and 1, in that order.

Earnings Surprises

As per the latest update, for the quarter closed 4, the EPS estimate of Cirrus Logic, Inc. (NASDAQ:CRUS) was $0.54. This projection was computed after accounting 2 calls. As reported on 2016-04-26 the EPS was $0.27. The change was $0.13, demonstrating a percentage deviation of 92.86%. The projections confirmed a standard deviation of 0.01.

Quarterly Sales Estimates

For the fiscal 2018, the yearly sales target for Cirrus Logic, Inc. (NASDAQ:CRUS) stands at $357.55 and the median estimate at $344.55. Almost 4 analysts announced their estimates.

The highest estimate is $406.1 while the lowest target is $335 showing standard deviation of 32.766%.

As many as 4 analysts released sales estimates reised in upside while 4 reduced sales estimates, demonstrating a deviation of 0%.

In last month, 4 revised sales number projection on upside while 4 lowered the sales target, demonstrating a deviation of 0%.

A quarter ago, 4 hiked sales estimations and 4 reduced sales forecast. Cirrus Logic, Inc. (NASDAQ:CRUS) stated that the change in forecast was 6.066%.

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