Cirrus Logic (CRUS) Tops Q3 Earnings and Revenue Estimates

Cirrus Logic (CRUS) came out with quarterly earnings of $2.51 per share, beating the Zacks Consensus Estimate of $2.03 per share. This compares to earnings of $2.89 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 23.65%. A quarter ago, it was expected that this chipmaker would post earnings of $2.03 per share when it actually produced earnings of $2.25, delivering a surprise of 10.84%.Over the last four quarters, the company h ...