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Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
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3 Magnificent Seven Stocks Outperforming the Rest
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S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold

Harmonic (HLIT) Earnings Date, Estimates & Call Transcripts

$9.68
-0.31 (-3.10%)
(As of 04/19/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Apr. 29
After Market Closes
Confirmed
Actual EPS
(Jan. 29)
$0.13 Beat By $0.03
Consensus EPS
(Jan. 29)
$0.10
Skip Charts & View Estimated and Actual Earnings Data

HLIT 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.

HLIT 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.

Harmonic Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20242($0.05)$0.13$0.04 - 0.060 - 0.020
Q2 20242$0.02$0.16$0.09 
Q3 20242$0.16$0.18$0.17 
Q4 20241$0.34$0.34$0.34 
FY 20247$0.47$0.81 $0.64

HLIT Earnings Date and Information

Harmonic last released its quarterly earnings results on January 29th, 2024. The communications equipment provider reported $0.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.10 by $0.03. The business had revenue of $167.10 million for the quarter, compared to analysts' expectations of $158.98 million. Its revenue for the quarter was up 1.7% compared to the same quarter last year. Harmonic has generated $0.71 earnings per share over the last year ($0.71 diluted earnings per share) and currently has a price-to-earnings ratio of 13.6. Earnings for Harmonic are expected to grow by 125.00% in the coming year, from $0.32 to $0.72 per share. Harmonic has confirmed that its next quarterly earnings report will be published on Monday, April 29th, 2024. Harmonic will be holding an earnings conference call on Monday, April 29th at 5:00 PM Eastern. Interested parties can register for or listen to the call..

Harmonic Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
4/29/2024
Confirmed)
-------  
1/29/2024Q4 2023$0.1030$0.13+$0.0270($0.58)$158.98 million$167.10 million    
10/30/2023Q3 2023($0.04)($0.05)($0.01)($0.04)$132.63 million$127.20 million
7/31/2023Q2 2023$0.08$0.07($0.01)$0.13$167.27 million$155.96 million
5/8/2023Q1 2023$0.04$0.06+$0.02$0.08$157.90 million$157.65 million
1/30/2023Q4 2022$0.09$0.12+$0.03$0.19$159.93 million$164.33 million
10/31/2022Q3 2022$0.05$0.08+$0.03$0.08$153.27 million$155.70 million    
8/1/2022Q2 2022$0.04$0.11+$0.07$0.08$150.08 million$157.45 million      
5/2/2022Q1 2022($0.03)$0.01+$0.04$0.03$140.57 million$147.44 million    
1/31/2022Q4 2021$0.09$0.11+$0.02$0.04$151.93 million$155.80 million    
10/31/2021Q3 2021$0.03$0.09+$0.06$0.05$118.62 million$126.32 million    
8/2/2021Q2 2021($0.04)$0.05+$0.09$0.04$107.59 million$113.45 million    
5/2/2021Q1 2021$0.03$0.04+$0.01($0.02)$103.11 million$111.60 million  

Harmonic Earnings - Frequently Asked Questions

When is Harmonic's earnings date?

Harmonic has confirmed that its next quarterly earnings data will be published on Monday, April 29th, 2024. Learn more on HLIT's earnings history.

Did Harmonic beat their earnings estimates last quarter?

In the previous quarter, Harmonic (NASDAQ:HLIT) reported $0.13 earnings per share (EPS) to beat the analysts' consensus estimate of $0.10 by $0.03. Learn more on analysts' earnings estimate vs. HLIT's actual earnings.

How can I listen to Harmonic's earnings conference call?

The conference call for Harmonic's latest earnings report can be listened to online. Listen to Conference Call

How can I read Harmonic's conference call transcript?

The conference call transcript for Harmonic's latest earnings report can be read online. Read Transcript

How much revenue does Harmonic generate each year?

Harmonic (NASDAQ:HLIT) has a recorded annual revenue of $607.91 million.

How much profit does Harmonic generate each year?

Harmonic (NASDAQ:HLIT) has a recorded net income of $83.99 million. HLIT has generated $0.71 earnings per share over the last four quarters.

What is Harmonic's price-to-earnings ratio?

Harmonic (NASDAQ:HLIT) has a trailing price-to-earnings ratio of 13.63 and a forward price-to-earnings ratio of 30.25.

What is Harmonic's EPS forecast for next year?

Harmonic's earnings are expected to grow from $0.32 per share to $0.72 per share in the next year, which is a 125.00% increase.


More Earnings Resources from MarketBeat

This page (NASDAQ:HLIT) was last updated on 4/19/2024 by MarketBeat.com Staff

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