Qorvo (QRVO) Earnings Date, Estimates & Call Transcripts

$114.70
+2.55 (+2.27%)
(As of 04/25/2024 ET)

Earnings Summary

Upcoming
Earnings Date
May. 1
After Market Closes
Confirmed
Actual EPS
(Jan. 31)
$1.89 Beat By $0.47
Consensus EPS
(Jan. 31)
$1.42
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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 EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20241($0.11)($0.11)($0.11)$0.15 - $0.15
Q2 20241$1.57$1.57$1.57$1.75 - $1.75
Q3 20241$1.79$1.79$1.79 
Q4 20241$1.39$1.39$1.391.200 - 1.200
FY 20244$4.64$4.64$4.64 
Q2 20251$1.80$1.80$1.80 
Q3 20251$2.48$2.48$2.48 

QRVO Earnings Date and Information

Qorvo last posted its earnings data on January 31st, 2024. The semiconductor company reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.42 by $0.47. The company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1 billion. Qorvo has generated ($2.15) earnings per share over the last year (($2.15) diluted earnings per share). Earnings for Qorvo are expected to grow by 35.15% in the coming year, from $4.95 to $6.69 per share. Qorvo has confirmed that its next quarterly earnings report will be published on Wednesday, May 1st, 2024. Qorvo will be holding an earnings conference call on Wednesday, May 1st at 5:00 PM Eastern. Interested parties can register for or listen to the call. or dial in at 412-317-0088 with passcode "8317324".

Qorvo Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/1/2024
Confirmed)
-------  
1/31/2024Q3 2024$1.42$1.89+$0.47$5.09$1.00 billion$1.07 billion
11/1/2023Q2 2024$1.49$1.99+$0.50$2.99$1.00 billion$1.10 billion
8/2/2023Q1 2024($0.04)$0.03+$0.07$0.50$639.84 million$651.16 million
5/3/2023Q4 2023$0.13$0.26+$0.13$1.61$621.35 million$632.70 million    
2/1/2023Q3 2023$0.63$0.75+$0.12$1.36$726.33 million$743.30 million      
11/2/2022Q2 2023$2.28$2.35+$0.07$2.88$1.13 billion$1.16 billion    
8/3/2022Q1 2023$1.90$1.95+$0.05$3.25$1.03 billion$1.04 billion
5/4/2022Q4 2022$2.71$3.03+$0.32$4.11$1.15 billion$1.17 billion    
2/2/2022Q3 2022$2.53$2.81+$0.28$3.67$1.11 billion$1.11 billion    
11/3/2021Q3 2021$3.25$3.42+$0.17$3.60$1.25 billion$1.26 billion    
8/4/2021Q2 2021$2.45$2.83+$0.38$2.83$1.08 billion$1.11 billion    
5/5/2021Q1 2021$2.23$2.74+$0.51$2.58$1.04 billion$1.07 billion  

Qorvo Earnings - Frequently Asked Questions

When is Qorvo's earnings date?

Qorvo has confirmed that its next quarterly earnings data will be published on Wednesday, May 1st, 2024. Learn more on QRVO's earnings history.

Did Qorvo beat their earnings estimates last quarter?

In the previous quarter, Qorvo (NASDAQ:QRVO) reported $1.89 earnings per share (EPS) to beat the analysts' consensus estimate of $1.42 by $0.47. Learn more on analysts' earnings estimate vs. QRVO's actual earnings.

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 -$2.15 earnings per share over the last four quarters.

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

Qorvo (NASDAQ:QRVO) has a forward price-to-earnings ratio of 23.17. The price/earnings-to-growth ratio is 0.83.

What is Qorvo's EPS forecast for next year?

Qorvo's earnings are expected to grow from $4.95 per share to $6.69 per share in the next year, which is a 35.15% increase.


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This page (NASDAQ:QRVO) was last updated on 4/25/2024 by MarketBeat.com Staff

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