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Credo Technology Group (CRDO) Earnings Date, Estimates & Call Transcripts

$35.51
-0.57 (-1.58%)
(As of 09:40 AM ET)

Earnings Summary

Upcoming
Earnings Date
Sep. 4
After Market Closes
Confirmed
Actual EPS
(May. 29)
-$0.02 Missed By -$0.04
Consensus EPS
(May. 29)
$0.02
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CRDO Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

CRDO Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Credo Technology Group Analyst EPS Estimates

Current Year EPS Consensus Estimate:$0.07 EPS
Next Year EPS Consensus Estimate: $0.40 EPS

CRDO Earnings Date and Information

Credo Technology Group last released its quarterly earnings results on May 29th, 2024. The reported ($0.02) EPS for the quarter, missing analysts' consensus estimates of $0.02 by $0.04. The company earned $60.78 million during the quarter, compared to analyst estimates of $60.50 million. Credo Technology Group has generated ($0.18) earnings per share over the last year (($0.18) diluted earnings per share). Earnings for Credo Technology Group are expected to grow by 471.43% in the coming year, from $0.07 to $0.40 per share. Credo Technology Group has confirmed that its next quarterly earnings report will be published on Wednesday, September 4th, 2024. Credo Technology Group will be holding an earnings conference call on Wednesday, September 4th at 5:00 PM Eastern. Interested parties can register for or listen to the call..

Credo Technology Group Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
9/4/2024
(Confirmed)
-------  
5/29/2024Q4 2024$0.02($0.02)($0.04)$0.02$60.50 million$60.78 million  
2/27/2024Q3 2024$0.0330$0.04+$0.0070-$51.91 million$53.06 million      
11/29/2023Q2 2024($0.04)$0.01+$0.05($0.04)$42.66 million$44.04 million      
8/24/2023Q3 2023($0.03)($0.03)-($0.06)$34.27 million$35.10 million      
5/31/2023Q4 2023($0.04)($0.04)-($0.07)$31.00 million$32.09 million      
3/1/2023Q3 2023$0.01$0.02+$0.01$0.02$52.00 million$54.27 million  
11/30/2022Q2 2023$0.03$0.02($0.01)$0.06$50.50 million$51.37 million  
8/31/2022Q1 2023$0.01$0.01-$0.02$45.70 million$46.47 million      
6/1/2022Q4 2022$0.01$0.02+$0.01$0.08$36.35 million$37.53 million      
3/9/2022Q3 2022($0.01)$0.03+$0.04$0.06$29.60 million$31.80 million    

Credo Technology Group Earnings - Frequently Asked Questions

When is Credo Technology Group's earnings date?

Credo Technology Group has confirmed that its next quarterly earnings data will be published on Wednesday, September 4th, 2024. Learn more on CRDO's earnings history.

What guidance has Credo Technology Group issued on next quarter's earnings?

Credo Technology Group updated its first quarter 2025 earnings guidance on Wednesday, May, 29th. The company issued revenue guidance of $58.0 million-$61.0 million, compared to the consensus revenue estimate of $58.4 million.

Did Credo Technology Group beat their earnings estimates last quarter?

In the previous quarter, Credo Technology Group (NASDAQ:CRDO) missed the analysts' consensus estimate of $0.02 by $0.04 with a reported earnings per share (EPS) of ($0.02). Learn more on analysts' earnings estimate vs. CRDO's actual earnings.

How much revenue does Credo Technology Group generate each year?

Credo Technology Group (NASDAQ:CRDO) has a recorded annual revenue of $192.97 million.

How much profit does Credo Technology Group generate each year?

Credo Technology Group (NASDAQ:CRDO) has a recorded net income of -$28.37 million. CRDO has generated -$0.18 earnings per share over the last four quarters.

What is Credo Technology Group's EPS forecast for next year?

Credo Technology Group's earnings are expected to grow from $0.07 per share to $0.40 per share in the next year, which is a 471.43% increase.


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This page (NASDAQ:CRDO) was last updated on 8/22/2024 by MarketBeat.com Staff

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