Cirrus Logic (CRUS) Q2 Earnings and Revenues Surpass Estimates

Core Insights - Cirrus Logic (CRUS) reported quarterly earnings of $2.83 per share, exceeding the Zacks Consensus Estimate of $2.4 per share, and up from $2.25 per share a year ago, representing an earnings surprise of +17.92% [1] - The company achieved revenues of $560.96 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 3.88% and increasing from $541.86 million year-over-year [2] - Cirrus Logic has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Earnings Outlook - The sustainability of Cirrus Logic's stock price movement will largely depend on management's commentary during the earnings call and future earnings expectations [3][4] - The current consensus EPS estimate for the upcoming quarter is $2.21 on revenues of $515.7 million, while for the current fiscal year, it is $7.11 on revenues of $1.82 billion [7] Industry Context - The Electronics - Semiconductors industry, to which Cirrus Logic belongs, is currently ranked in the top 28% of over 250 Zacks industries, indicating a favorable outlook for stocks within this sector [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked using tools like the Zacks Rank [5][6]