Cirrus Logic (CRUS) Q3 Earnings and Revenues Top Estimates

Cirrus Logic (CRUS) came out with quarterly earnings of $2.89 per share, beating the Zacks Consensus Estimate of $2.01 per share. This compares to earnings of $2.40 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 43.78%. A quarter ago, it was expected that this chipmaker would post earnings of $1.54 per share when it actually produced earnings of $1.80, delivering a surprise of 16.88%.Over the last four quarters, the company h ...