Harmonic (HLIT) Earnings Date, Estimates & Call Transcripts

$13.73

-0.16 (-1.15%)

(As of 10/3/2024 ET)

Upcoming Earnings Date: Nov. 4Estimated
Actual EPS (Jul. 29): $0.08 Beat By $0.04
Consensus EPS (Jul. 29): $0.04

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.

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Harmonic Analyst EPS Estimates

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate	Company Guidance
Q1 2024	2	($0.05)	$0.13	$0.04	- 0.060 - 0.020
Q2 2024	2	$0.00	$0.16	$0.08	0.000 - 0.050
Q3 2024	2	$0.16	$0.19	$0.18	0.190 - 0.240
Q4 2024	1	$0.31	$0.31	$0.31
FY 2024	7	$0.42	$0.79		$0.61

HLIT Earnings Date and Information

Harmonic last announced its quarterly earnings results on July 29th, 2024. The communications equipment provider reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.04. The firm had revenue of $138.70 million for the quarter, compared to the consensus estimate of $133.67 million. Its quarterly revenue was down 11.1% compared to the same quarter last year. Harmonic has generated $0.60 earnings per share over the last year ($0.60 diluted earnings per share) and currently has a price-to-earnings ratio of 22.9. Earnings for Harmonic are expected to grow by 86.36% in the coming year, from $0.44 to $0.82 per share. Harmonic has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Monday, November 4th, 2024 based off prior year's report dates.

Harmonic Earnings History by Quarter

Time Frame

Start Date

End Date

Export to Excel

Date	Quarter	Consensus Estimate	Reported EPS	Beat/Miss	GAAP EPS	Revenue Estimate	Actual Revenue
11/4/2024 (Estimated)	-	-	-	-	-	-	-
7/29/2024	Q2 2024	$0.04	$0.08	+$0.04	$0.17	$133.67 million	$138.70 million
4/29/2024	Q1 2024	($0.0070)	($0.05)	($0.0430)	($0.03)	$121.70 million	$122.06 million
1/29/2024	Q4 2023	$0.1030	$0.13	+$0.0270	($0.58)	$158.98 million	$167.10 million
10/30/2023	Q3 2023	($0.04)	($0.05)	($0.01)	($0.04)	$132.63 million	$127.20 million
7/31/2023	Q2 2023	$0.08	$0.07	($0.01)	$0.13	$167.27 million	$155.96 million
5/8/2023	Q1 2023	$0.04	$0.06	+$0.02	$0.08	$157.90 million	$157.65 million
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1/30/2023	Q4 2022	$0.09	$0.12	+$0.03	$0.19	$159.93 million	$164.33 million
10/31/2022	Q3 2022	$0.05	$0.08	+$0.03	$0.08	$153.27 million	$155.70 million
8/1/2022	Q2 2022	$0.04	$0.11	+$0.07	$0.08	$150.08 million	$157.45 million
5/2/2022	Q1 2022	($0.03)	$0.01	+$0.04	$0.03	$140.57 million	$147.44 million
1/31/2022	Q4 2021	$0.09	$0.11	+$0.02	$0.04	$151.93 million	$155.80 million
10/31/2021	Q3 2021	$0.03	$0.09	+$0.06	$0.05	$118.62 million	$126.32 million
8/2/2021	Q2 2021	($0.04)	$0.05	+$0.09	$0.04	$107.59 million	$113.45 million
5/2/2021	Q1 2021	$0.03	$0.04	+$0.01	($0.02)	$103.11 million	$111.60 million
1/31/2021	Q4 2020	$0.15	$0.20	+$0.05	$0.19	$126.28 million	$131.53 million
10/31/2020	Q3 2020	($0.05)	$0.03	+$0.08	$0.02	$82.19 million	$94.90 million
8/3/2020	Q2 2020	($0.13)	($0.06)	+$0.07	($0.04)	$69.92 million	$73.99 million
4/27/2020	Q1 2020	($0.05)	($0.10)	($0.05)	($0.11)	$85.02 million	$78.40 million
2/3/2020	Q4 2019	$0.08	$0.12	+$0.04	$0.14	$113.07 million	$122.18 million
10/28/2019	Q3 2019	$0.18	$0.21	+$0.03	$0.30	$114.88 million	$115.73 million

Harmonic Earnings - Frequently Asked Questions

When is Harmonic's earnings date?: Harmonic has not confirmed its next earnings publication date, but the company's estimated earnings date is Monday, November 4th, 2024 based off last year's report dates. Learn more on HLIT's earnings history.
What guidance has Harmonic issued on next quarter's earnings?: Harmonic updated its third quarter 2024 earnings guidance on Monday, July, 29th. The company provided EPS guidance of 0.190-0.240 for the period, compared to the consensus estimate of 0.190. The company issued revenue guidance of $175.0 million-$190.0 million, compared to the consensus revenue estimate of $177.8 million.
Did Harmonic beat their earnings estimates last quarter?: In the previous quarter, Harmonic (NASDAQ:HLIT) reported $0.08 earnings per share (EPS) to beat the analysts' consensus estimate of $0.04 by $0.04. 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 $555.10 million.
How much profit does Harmonic generate each year?: Harmonic (NASDAQ:HLIT) has a recorded net income of $83.99 million. HLIT has generated $0.60 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 22.88 and a forward price-to-earnings ratio of 31.20.
What is Harmonic's EPS forecast for next year?: Harmonic's earnings are expected to grow from $0.44 per share to $0.82 per share in the next year, which is a 86.36% increase.