Allegro MicroSystems, Inc. (ALGM) Q2 Earnings Beat Estimates

Core Insights - Allegro MicroSystems reported quarterly earnings of $0.13 per share, exceeding the Zacks Consensus Estimate of $0.12 per share, and showing an increase from $0.08 per share a year ago, resulting in an earnings surprise of +8.33% [1][2] - The company posted revenues of $214.29 million for the quarter ended September 2025, slightly missing the Zacks Consensus Estimate by 0.21%, but up from $187.39 million year-over-year [2] - Allegro MicroSystems shares have increased approximately 40.6% year-to-date, outperforming the S&P 500's gain of 17.2% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.17 on revenues of $225.71 million, and for the current fiscal year, it is $0.53 on revenues of $879.19 million [7] - The estimate revisions trend for Allegro MicroSystems was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Electronics - Semiconductors industry, to which Allegro MicroSystems belongs, is currently ranked in the top 30% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]