Allegro MicroSystems, Inc. (ALGM) Beats Q4 Earnings and Revenue Estimates

Company Performance - Allegro MicroSystems reported quarterly earnings of $0.06 per share, exceeding the Zacks Consensus Estimate of $0.05 per share, but down from $0.25 per share a year ago, representing an earnings surprise of 20% [1] - The company achieved revenues of $192.82 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 4.44%, but down from $240.58 million year-over-year [2] - Over the last four quarters, Allegro MicroSystems has consistently surpassed consensus EPS and revenue estimates [2] Stock Performance - Allegro MicroSystems shares have declined approximately 14.5% since the beginning of the year, compared to a decline of 4.3% for the S&P 500 [3] - The current Zacks Rank for Allegro MicroSystems is 3 (Hold), indicating expected performance in line with the market in the near future [6] Future Outlook - The consensus EPS estimate for the upcoming quarter is $0.07 on revenues of $192.27 million, and for the current fiscal year, it is $0.45 on revenues of $827.58 million [7] - The outlook for the Electronics - Semiconductors industry, where Allegro MicroSystems operates, is currently in the bottom 43% of Zacks industries, which may impact stock performance [8]