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S&P 500   4,567.18
DOW   36,124.56
QQQ   387.29
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Countries Are Investing Heavily Into Securing Energy Independence (Ad)
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Marvell Technology at a critical pivot: 30% upside is possible
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S&P 500   4,567.18
DOW   36,124.56
QQQ   387.29
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Countries Are Investing Heavily Into Securing Energy Independence (Ad)
What is dividend harvesting?
Marvell Technology at a critical pivot: 30% upside is possible
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What analysts wanted out of Chewy stock is finally here
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Harmonic (HLIT) Earnings Date, Estimates & Call Transcripts

$10.26
-0.53 (-4.91%)
(As of 12/5/2023 ET)
Compare
Today's Range
$9.76
$10.77
50-Day Range
$9.14
$11.18
52-Week Range
$8.80
$18.43
Volume
5.76 million shs
Average Volume
1.61 million shs
Market Capitalization
$1.15 billion
P/E Ratio
256.50
Dividend Yield
N/A
Price Target
$17.33

Earnings Summary

Upcoming
Earnings Date
Jan. 29Estimated
Actual EPS
(Oct. 30)
-$0.05 Missed By -$0.01
Consensus EPS
(Oct. 30)
-$0.04
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 20232$0.03$0.04$0.04$0.07 - $0.10
Q2 20232$0.08$0.09$0.09$0.11 - $0.15
Q3 20232($0.05)$0.13$0.04 - $0.02 - $0.02
Q4 20232$0.06$0.21$0.14 
FY 20238$0.12$0.47$0.30 
Q1 20242$0.02$0.13$0.08 
Q2 20242$0.08$0.16$0.12 
Q3 20242$0.13$0.16$0.15 
Q4 20241$0.28$0.28$0.28 
FY 20247$0.51$0.73 $0.62

HLIT Earnings Date and Information

Harmonic last issued its quarterly earnings data on October 30th, 2023. The communications equipment provider reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by $0.01. The business had revenue of $127.20 million for the quarter, compared to the consensus estimate of $132.63 million. Harmonic has generated $0.04 earnings per share over the last year ($0.04 diluted earnings per share) and currently has a price-to-earnings ratio of 256.5. Earnings for Harmonic are expected to grow by 250.00% in the coming year, from $0.16 to $0.56 per share. Harmonic has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Monday, January 29th, 2024 based off prior year's report dates.

Harmonic Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
1/29/2024
Estimated)
------- 
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  
1/31/2021Q4 2020$0.15$0.20+$0.05$0.19$126.28 million$131.53 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, January 29th, 2024 based off last year's report dates. Learn more on HLIT's earnings history.

Did Harmonic beat their earnings estimates last quarter?

In the previous quarter, Harmonic (NASDAQ:HLIT) missed the analysts' consensus estimate of ($0.04) by $0.01 with a reported earnings per share (EPS) of ($0.05). Learn more on analysts' earnings estimate vs. HLIT's actual earnings.

How much revenue does Harmonic generate each year?

Harmonic (NASDAQ:HLIT) has a recorded annual revenue of $624.96 million.

How much profit does Harmonic generate each year?

Harmonic (NASDAQ:HLIT) has a recorded net income of $28.18 million. HLIT has generated $0.04 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 256.50 and a forward price-to-earnings ratio of 64.13.

What is Harmonic's EPS forecast for next year?

Harmonic's earnings are expected to grow from $0.16 per share to $0.56 per share in the next year, which is a 250.00% increase.


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This page (NASDAQ:HLIT) was last updated on 12/6/2023 by MarketBeat.com Staff

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