Earnings Preview Microchip Technology

Don't be caught off-guard: Microchip Technology MCHP releases its next round of earnings Tuesday. Want to skip the homework and get all the facts in one place? We thought so. Here is your everything-that-matters guide for Tuesday's Q3 earnings announcement after the bell.

Earnings and Revenue

Analysts predict Microchip Technology will report earnings of $1.35 on revenue of $992.1 million.

In the same quarter last year, Microchip Technology reported earnings per share of $1.05 on sales of $881 million. If the company were to report inline earnings when it publishes results Tuesday, revenue would have grown 12.59 percent from the same quarter last year. Here's how the Microchip Technology's reported EPS has stacked up against analyst estimates in the past:

Q3 EPS Estimate: $1.35
Q3 Revenues Estimate: $992 million

Stock Performance

Shares of Microchip Technology were trading at $93.31 as of Feb. 6. Over the last 52-week period, shares are up 35.66 percent. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.

Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. Analysts have been rating Microchip Technology stock as Neutral. The strength of this rating has maintained conviction over the past three months.

Conference Call

The Microchip Technology's Q3 conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here.