These Analysts Boost Their Forecasts On Cirrus Logic Following Upbeat Earnings
1. CRUS reported Q2 earnings of $2.83, beating estimates by $0.46. 2. Q2 sales reached $560.96 million, exceeding analyst expectations of $540.39 million. 3. Third-quarter sales forecast of $500-$560 million is stronger than estimates. 4. John Forsyth highlighted record revenue driven by smartphone component demand. 5. Analysts raised price targets for CRUS, indicating continued bullish outlook.