Microchip Technology (MCHP) Q1 Earnings Beat Estimates
MCHPMicrochip Technology(MCHP) ZACKS·2024-08-02 06:31

Microchip Technology (MCHP) came out with quarterly earnings of 0.53pershare,beatingtheZacksConsensusEstimateof0.53 per share, beating the Zacks Consensus Estimate of 0.52 per share. This compares to earnings of 1.64pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof1.921.64 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.92%. A quarter ago, it was expected that this chipmaker would post earnings of 0.57 per share when it actually produced earnings of $0.57, delivering no surprise.Over the last four quarters, the company has ...