Microchip Earnings Exceed Expectations at $0.03, Profits Soar Above Forecasts
According to the report, Microchip (NASDAQ: MCHP) reported earnings per share of $0.46 for the second quarter, exceeding analysts' expectations of $0.43 by $0.03. The reported profit for this quarter was determined to be $1.16 billion, compared to analyst expectations of $1.15 billion.
Guidance for the third quarter of 2025 sets earnings per share at $0.25-$0.35, while analyst estimates were disclosed as $0.46. The projected profit for the third quarter of 2025 is set at $1.03 billion-$1.10 billion, whereas analyst estimates were $1.18 billion.
Microchip's stock closed the day at $75.09, indicating a -1.31% decrease in value over the past three months. The stock has shown a -0.04% decline in value over the last 12 months. In the past 90 days, Microchip experienced 0 positive earnings per share while recording 16 negative earnings per share.
Explore how Microchip's stock price responded to past earnings reports. According to InvestingPro, Microchip's financial health score is rated as "Quite Good." Review the latest earnings reports and all financial information related to Microchip here. Stay updated on all developments regarding financial statements by visiting the Investing.com Earnings Calendar.