NASDAQ:QRVO

Qorvo (QRVO) Earnings Date, Estimates & Call Transcripts

$95.90

-2.14 (-2.18%)

(As of 06/5/2023 ET)

Compare

Today's Range: $95.06
▼
$97.70
50-Day Range: $89.69
▼
$101.57
52-Week Range: $75.38
▼
$114.59

Volume: 1.16 million shs
Average Volume: 1.30 million shs
Market Capitalization: $9.47 billion

P/E Ratio: 104.24
Dividend Yield: N/A
Price Target: $108.78

Upcoming Earnings Date: Aug. 2Estimated
Actual EPS (May. 3): $0.26 Beat By $0.13
Consensus EPS (May. 3): $0.13
Last Year's Q2 EPS (5/4/2022): $3.03

Read Call Transcript

Listen to Call

Earnings Per Share Revenue

QRVO 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.

QRVO 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.

Qorvo Analyst Forecasts

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate	Company Guidance
Q1 2023	1	$1.92	$1.92	$1.92	$2.00 - $2.25
Q2 2023	2	$3.03	$3.34	$3.19	$2.45 - $2.65
Q3 2023	3	$3.39	$3.58	$3.48	$0.50 - $0.75
Q4 2023	2	($0.07)	$2.91	$1.42	$0.10 - $0.15
FY 2023	8	$8.27	$11.75	$10.01
Q1 2024	1	($0.11)	($0.11)	($0.11)	$0.15 - $0.15
Q2 2024	1	$0.87	$0.87	$0.87
Q3 2024	1	$1.79	$1.79	$1.79
Q4 2024	1	$1.39	$1.39	$1.39
FY 2024	4	$3.94	$3.94		$3.94

QRVO Earnings Date and Information

Qorvo last released its quarterly earnings results on May 3rd, 2023. The semiconductor company reported $0.26 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.13 by $0.13. The company earned $632.70 million during the quarter, compared to analysts' expectations of $621.35 million. Its revenue for the quarter was down 45.7% compared to the same quarter last year. Qorvo has generated $0.92 earnings per share over the last year ($0.92 diluted earnings per share) and currently has a price-to-earnings ratio of 104.2. Earnings for Qorvo are expected to grow by 64.52% in the coming year, from $3.89 to $6.40 per share. Qorvo has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, August 2nd, 2023 based off prior year's report dates.

Qorvo Earnings History by Quarter

Export to Excel

Date	Quarter	Consensus Estimate	Reported EPS	Beat/Miss	GAAP EPS	Revenue Estimate	Actual Revenue
8/2/2023 (Estimated)
5/3/2023	Q4 23	$0.13	$0.26	+$0.13	$1.61	$621.35 million	$632.70 million
2/1/2023	Q3 23	$0.63	$0.75	+$0.12	$1.36	$726.33 million	$743.30 million
11/2/2022	Q2 2023	$2.28	$2.35	+$0.07	$2.88	$1.13 billion	$1.16 billion
8/3/2022	Q1 2023	$1.90	$1.95	+$0.05	$3.25	$1.03 billion	$1.04 billion
5/4/2022	Q4 2022	$2.71	$3.03	+$0.32	$4.11	$1.15 billion	$1.17 billion
2/2/2022	Q3 2022	$2.53	$2.81	+$0.28	$3.67	$1.11 billion	$1.11 billion

11/3/2021	9/30/2021	$3.25	$3.42	+$0.17	$3.60	$1.25 billion	$1.26 billion
8/4/2021	6/30/2021	$2.45	$2.83	+$0.38	$2.83	$1.08 billion	$1.11 billion
5/5/2021	3/31/2021	$2.23	$2.74	+$0.51	$2.58	$1.04 billion	$1.07 billion
2/3/2021	12/31/2020	$2.48	$3.08	+$0.60	$4.16	$1.07 billion	$1.09 billion
11/4/2020	9/30/2020	$1.94	$2.43	+$0.49	$3.16	$1.01 billion	$1.06 billion
7/29/2020	6/30/2020	$1.13	$1.50	+$0.37	$1.87	$729.91 million	$787.50 million
5/7/2020	3/31/2020	$1.33	$1.57	+$0.24	$2.49	$769.38 million	$787.80 million
1/29/2020	Q3 2020	$1.46	$1.86	+$0.40	$2.08	$852.62 million	$869.10 million
10/31/2019	Q2	$1.30	$1.52	+$0.22	$2.00	$754.67 million	$806.70 million
8/1/2019	Q1 2020	$0.95	$1.18	+$0.23	$2.03	$738.98 million	$775.60 million
5/7/2019	3/31/2019	$0.91	$1.14	+$0.23	$1.78	$670.59 million	$680.88 million
2/7/2019	12/31/2018	$1.55	$1.85	+$0.30	$2.91	$819.21 million	$832.20 million
10/31/2018	9/30/2018	$1.62	$1.75	+$0.13	$2.93	$855.57 million	$884.40 million
8/1/2018	Q1 2019	$0.76	$0.96	+$0.20	$1.84	$656.97 million	$692.70 million
5/2/2018	Q4 2018	$1.05	$1.07	+$0.02	$2.12	$655.67 million	$665.40 million
1/31/2018	Q3 2018	$1.43	$1.58	+$0.15	$3.42	$841.09 million	$845.70 million
11/1/2017	Q2 2018	$1.52	$1.52		$2.39	$810.47 million	$821.60 million
8/2/2017	Q1 2018	$0.80	$0.87	+$0.07	$1.66	$632.18 million	$640.80 million
5/3/2017	Q4 2017	$0.74	$0.74		$1.05	$632.12 million	$643.00 million
2/1/2017	Q3 2017	$1.06	$1.22	+$0.16	$3.06	$821.29 million	$825.40 million
11/3/2016	Q2 2017	$1.19	$1.09	($0.10)	$2.09	$834.77 million	$863.70 million
8/2/2016	Q1 2017	$0.86	$0.85	($0.01)	$1.74	$650.62 million	$697.60 million
5/4/2016	Q4 2016	$0.69	$0.85	+$0.16	$1.88	$599.32 million	$608.10 million
2/4/2016	Q3 2016	$0.74	$0.82	+$0.08	$1.72	$620.34 million	$620.70 million
11/5/2015	Q2 2016	$0.85	$0.98	+$0.13	$1.93	$699.43 million	$708.30 million
7/29/2015	Q1 2016	$0.98	$0.78	($0.20)	$1.55	$664.73 million	$673.60 million
5/6/2015	Q4 2015	$0.78	$0.93	+$0.15	$1.82	$623.40 million	$634.90 million
1/28/2015	Q3 2015	$1.06	$1.42	+$0.36	$1.66	$723.23 million	$397.10 million

Qorvo Earnings - Frequently Asked Questions

When is Qorvo's earnings date?: Qorvo has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, August 2nd, 2023 based off last year's report dates. Learn more on QRVO's earnings history.
Did Qorvo beat their earnings estimates last quarter?: In the previous quarter, Qorvo (NASDAQ:QRVO) reported $0.26 earnings per share (EPS) to beat the analysts' consensus estimate of $0.13 by $0.13. Learn more on analysts' earnings estimate vs. QRVO's actual earnings.
How can I listen to Qorvo's earnings conference call?: The conference call for Qorvo's latest earnings report can be listened to online. Listen to Conference Call
How can I read Qorvo's conference call transcript?: The conference call transcript for Qorvo's latest earnings report can be read online. Read Transcript

How much revenue does Qorvo generate each year?: Qorvo (NASDAQ:QRVO) has a recorded annual revenue of $3.57 billion.
How much profit does Qorvo generate each year?: Qorvo (NASDAQ:QRVO) has a recorded net income of $103.15 million. QRVO has generated $0.92 earnings per share over the last four quarters.
What is Qorvo's price-to-earnings ratio?: Qorvo (NASDAQ:QRVO) has a trailing price-to-earnings ratio of 104.24 and a forward price-to-earnings ratio of 24.65. The price/earnings-to-growth ratio is 3.89.
What is Qorvo's EPS forecast for next year?: Qorvo's earnings are expected to grow from $3.89 per share to $6.40 per share in the next year, which is a 64.52% increase.

More Earnings Resources from MarketBeat

Related Companies:

Earnings Tools:

Earnings By Country:

Latest Articles:

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

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Qorvo (QRVO) Earnings Date, Estimates & Call Transcripts

QRVO Earnings Estimates and Actuals by Quarter

QRVO Estimated and Actual Revenue by Quarter

Qorvo Analyst Forecasts

QRVO Earnings Date and Information

Qorvo Earnings History by Quarter

Qorvo Earnings - Frequently Asked Questions

More Earnings Resources from MarketBeat

About MarketBeat

Popular Tools

Financial Calendars

Terms & Info

Qorvo (QRVO) Earnings Date, Estimates & Call Transcripts

Earnings Summary

QRVO Earnings Estimates and Actuals by Quarter

QRVO Estimated and Actual Revenue by Quarter

Qorvo Analyst Forecasts

QRVO Earnings Date and Information

Qorvo Earnings History by Quarter

Qorvo Earnings - Frequently Asked Questions

More Earnings Resources from MarketBeat