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0.00200400801603195 0.00200400801603195 -0.00066800267201084 0.00200400801603195 0.00187040748162993 -0.00066800267201084 -0.00066800267201084 -0.00066800267201084
Stock impact report

Will Microchip Tech (MCHP) Beat Estimates Again in Its Next Earnings Report? [Yahoo! Finance]

Microchip Technology Incorporated (MCHP) 
Last microchip technology incorporated earnings: 2/4 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: microchip.com/investors
Company Research Source: Yahoo! Finance
quarterly report, you should consider Microchip Technology (MCHP). This company, which is in the Zacks Semiconductor - Analog and Mixed industry, shows potential for another earnings beat. This chipmaker has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 9.28%. For the most recent quarter, Microchip Tech was expected to post earnings of $0.33 per share, but it reported $0.35 per share instead, representing a surprise of 6.06%. For the previous quarter, the consensus estimate was $0.24 per share, while it actually produced $0.27 per share, a surprise of 12.50%. Thanks in part to this history, there has been a favorable change in earnings estimates for Microchip Tech lately. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the stock is positive, which is a great indicator of an earnings beat, particularly when combined with its solid Zack Show less Read more
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