Microchip Technology (MCHP) Tops Q3 Earnings Estimates
MCHPMicrochip Technology(MCHP) Zacks Investment Research·2024-02-02 07:26

Microchip Technology (MCHP) came out with quarterly earnings of 1.08pershare,beatingtheZacksConsensusEstimateof1.08 per share, beating the Zacks Consensus Estimate of 1.06 per share. This compares to earnings of 1.56pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof1.891.56 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 1.89%. A quarter ago, it was expected that this chipmaker would post earnings of 1.62 per share when it actually produced earnings of $1.62, delivering no surprise. Over the last four quarters, the company h ...