Equity Profile

CRUS

Cirrus Logic, Inc.

Information TechnologySemiconductors$8.3B

May6Wed

Post-Earnings Recap

ReportedQ4-2026After Close4:00 PM EDT

Cirrus Logic Beats on EPS, Stock Down 2.06%

Metric	Actual	Expected	Surprise
EPS	$1.95	$1.76	+37.03%
Revenue	—	$442M	—

management commentary, guidance changes, and full analysis available with Pro.

Cirrus Logic Beats on EPS, Stock Down 2.06%

Key Numbers

Metric	Actual	Expected	Surprise
EPS	$1.95	$1.76	+37.03%
Revenue	—	$442M	—

Management Commentary

Tone: Unknown

No transcript is on record, and the analysis is based solely on numerical results.

What It Means

Cirrus Logic reported better-than-expected earnings per share, which indicates strong profitability. However, the stock fell by 2.06% in reaction to the earnings report, likely due to the lack of revenue details and guidance. Investors may be cautious given the uncertainty surrounding future performance.

Company Snapshot

Cirrus Logic, Inc. (CRUS) is a semiconductor company that designs and develops high-precision analog and digital signal processing solutions....

Key Metrics to Watch

EPS

Earnings per share is a key indicator of profitability and will show how well the company is managing costs and generating income.

$1.76

Revenue

Revenue figures will provide insight into overall sales performance and market demand for Cirrus Logic's products.

$442M

Wall Street expectations, options signals, track record, and call prep available with Pro.

Original Pre-Earnings Preview

Context

Company Snapshot

Cirrus Logic, Inc. (CRUS) is a semiconductor company that designs and develops high-precision analog and digital signal processing solutions. Its products are essential in consumer electronics, particularly in audio applications, which are increasingly important as the demand for high-quality sound in devices grows.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+82.78%

Avg Stock Reaction

-0.45%

Last Quarter Recap

In Q3-2026, Cirrus Logic reported an EPS of $2.97, significantly beating expectations of $2.08. However, the stock fell 4.56% the following day, indicating that the market may have had concerns beyond the earnings beat.

Management Promises & Guidance

Continued focus on innovation in audio technology.
Commitment to expanding market share in consumer electronics.
Plans to enhance operational efficiency.

Expectations

Wall Street Expectations

Analysts are generally optimistic about Cirrus Logic's upcoming earnings, expecting solid performance based on historical trends of beating EPS estimates. However, the stock's recent performance suggests that investors may be cautious.

Bull Case

If Cirrus Logic can exceed the EPS estimate and show strong revenue growth, it could signal robust demand for its products, leading to a positive market reaction.

Bear Case

Conversely, if the company fails to meet expectations or provides weak guidance, it could lead to a significant drop in stock price, especially given the recent volatility.

Key Metrics to Watch

EPS

$1.76

Earnings per share is a key indicator of profitability and will show how well the company is managing costs and generating income.

Revenue

$442M

Revenue figures will provide insight into overall sales performance and market demand for Cirrus Logic's products.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will the EPS exceed the consensus estimate of $1.76?

A beat on EPS could reinforce investor confidence and lead to a positive stock reaction, especially given the company's history of exceeding expectations.

What is the revenue outlook for the upcoming quarters?

Guidance on revenue growth will be crucial for assessing future performance, especially in a competitive semiconductor market.

Edge

What the Street Is Missing

Why consensus could be wrong

The consensus may underestimate Cirrus Logic's ability to capitalize on the growing demand for high-quality audio solutions in consumer electronics, especially given recent product launches.

Supporting Evidence

The company has consistently beaten EPS estimates, indicating strong operational performance.

The options market is pricing a larger move than historical averages, suggesting that traders expect significant news.

Recent trends in consumer electronics indicate a shift towards premium audio experiences, which Cirrus is well-positioned to exploit.

Key Risk

If the revenue growth comes in significantly above $450M, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will be closely watched due to the company's strong historical EPS beats and the current market volatility.

Bull Confirmed If

An EPS of $1.80 or higher with revenue exceeding $445M would confirm the bull case.

Bear Confirmed If

An EPS below $1.70 or revenue below $440M would confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±10.91%

Historical Avg

±1.7%

Pricing rich

The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement.

Options are pricing ±11.2% while CRUS has averaged ±1.7% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.8%

30d HV

41.9%

Calls (19K)P/C Ratio: 0.03Puts (10K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Cirrus Logic beats expectations, history suggests the stock could rise around 1.55% on average, confirming strong demand and operational efficiency.

In-Line / Cautious

If results are in line with expectations, the stock may see muted movement as investors await further guidance.

Miss

A miss on EPS or revenue could lead to a significant drop, potentially around 1.55%, reflecting investor disappointment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new product launches and their expected impact on sales.
2Management's outlook on market demand for audio solutions.
3Insights into operational efficiencies and cost management strategies.
4Comments on competitive pressures in the semiconductor space.
5Guidance on revenue expectations for the next quarter.

See the full picture

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Company Snapshot

Cirrus Logic, Inc. (CRUS) is a semiconductor company that designs and develops high-precision analog and digital signal processing solutions....

Key Metrics to Watch

EPS

Earnings per share is a key indicator of profitability and will show how well the company is managing costs and generating income.

$1.76

Revenue

Revenue figures will provide insight into overall sales performance and market demand for Cirrus Logic's products.

$442M

Wall Street expectations, options signals, track record, and call prep available with Pro.

Original Pre-Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+82.78%

Avg Stock Reaction

-0.45%

Last Quarter Recap

Management Promises & Guidance

Continued focus on innovation in audio technology.
Commitment to expanding market share in consumer electronics.
Plans to enhance operational efficiency.

Expectations

Wall Street Expectations

Bull Case

If Cirrus Logic can exceed the EPS estimate and show strong revenue growth, it could signal robust demand for its products, leading to a positive market reaction.

Bear Case

Conversely, if the company fails to meet expectations or provides weak guidance, it could lead to a significant drop in stock price, especially given the recent volatility.

Key Metrics to Watch

EPS

$1.76

Earnings per share is a key indicator of profitability and will show how well the company is managing costs and generating income.

Revenue

$442M

Revenue figures will provide insight into overall sales performance and market demand for Cirrus Logic's products.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will the EPS exceed the consensus estimate of $1.76?

A beat on EPS could reinforce investor confidence and lead to a positive stock reaction, especially given the company's history of exceeding expectations.

What is the revenue outlook for the upcoming quarters?

Guidance on revenue growth will be crucial for assessing future performance, especially in a competitive semiconductor market.

Edge

What the Street Is Missing

Why consensus could be wrong

The consensus may underestimate Cirrus Logic's ability to capitalize on the growing demand for high-quality audio solutions in consumer electronics, especially given recent product launches.

Supporting Evidence

The company has consistently beaten EPS estimates, indicating strong operational performance.

The options market is pricing a larger move than historical averages, suggesting that traders expect significant news.

Recent trends in consumer electronics indicate a shift towards premium audio experiences, which Cirrus is well-positioned to exploit.

Key Risk

If the revenue growth comes in significantly above $450M, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will be closely watched due to the company's strong historical EPS beats and the current market volatility.

Bull Confirmed If

An EPS of $1.80 or higher with revenue exceeding $445M would confirm the bull case.

Bear Confirmed If

An EPS below $1.70 or revenue below $440M would confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±10.91%

Historical Avg

±1.7%

Pricing rich

The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement.

Options are pricing ±11.2% while CRUS has averaged ±1.7% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.8%

30d HV

41.9%

Calls (19K)P/C Ratio: 0.03Puts (10K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Cirrus Logic beats expectations, history suggests the stock could rise around 1.55% on average, confirming strong demand and operational efficiency.

In-Line / Cautious

If results are in line with expectations, the stock may see muted movement as investors await further guidance.

Miss

A miss on EPS or revenue could lead to a significant drop, potentially around 1.55%, reflecting investor disappointment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new product launches and their expected impact on sales.
2Management's outlook on market demand for audio solutions.
3Insights into operational efficiencies and cost management strategies.
4Comments on competitive pressures in the semiconductor space.
5Guidance on revenue expectations for the next quarter.