Street Calls of the Week
Investing.com - Microchip reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
Microchip announced earnings per share of $1.62 on revenue of $1.35B. Analysts polled by Investing.com EPS of $1.58 on revenue of $1.35B.
Microchip 's are up 4% and is trading at $144.41 , still down 7.05% from its 52 week high of $155.36 set on Wednesday, January 20, 2021.
Microchip follows other major Technology sector earnings this month
Microchip's report follows an earnings beat by Apple on Wednesday, January 27, 2021, who reported EPS of $1.68 on revenue of $111.44B, EPS of $1.42 on revenue of $103.27B.
Microsoft had beat expectations on Tuesday, January 26, 2021 with second quarter EPS of $2.03 on revenue of $43.08B, for EPS of $1.64 on revenue of $40.22B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar