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Harmonic (HLIT) Earnings Date, Estimates & Call Transcripts

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$13.32 +0.06 (+0.45%)
(As of 12/20/2024 05:31 PM ET)

Harmonic Latest Earnings Summary

Actual EPS
(Oct. 28)
$0.26 Beat By $0.09
Consensus EPS
(Oct. 28)
$0.17

Harmonic issued Q3 2024 earnings on October 28, 2024, reporting an EPS of $0.26, which beat the consensus estimate of $0.17 by $0.09. Quarterly revenue rose 53.9% year-over-year to $195.80 million, above analysts' expectations of $181.77 million. With a trailing EPS of $0.73 and a P/E Ratio of 18.25, Harmonic's earnings are expected to grow 32.69% next year, from $0.52 to $0.69 per share.

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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$0.00$0.16$0.080.000 - 0.050
Q3 20242$0.16$0.19$0.180.190 - 0.240
Q4 20241$0.29$0.29$0.290.330 - 0.390
FY 20247$0.40$0.77$0.59 
Q1 20251$0.08$0.08$0.08 
Q2 20251$0.13$0.13$0.13 
Q3 20251$0.16$0.16$0.16 
Q4 20251$0.21$0.21$0.21 
FY 20254$0.58$0.58 $0.58

Harmonic Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
10/28/2024Q3 2024$0.17$0.26+$0.09$0.25$181.77M$195.80M
7/29/2024Q2 2024$0.04$0.08+$0.04$0.17$133.67M$138.70M
4/29/2024Q1 2024-$0.0070-$0.05 -$0.0430-$0.03$121.70M$122.06M
1/29/2024Q4 2023$0.1030$0.13+$0.0270-$0.58$158.98M$167.10M
10/30/2023Q3 2023-$0.04-$0.05 -$0.01-$0.04$132.63M$127.20M
7/31/2023Q2 2023$0.08$0.07 -$0.01$0.13$167.27M$155.96M
5/8/2023Q1 2023$0.04$0.06+$0.02$0.08$157.90M$157.65M
1/30/2023Q4 2022$0.09$0.12+$0.03$0.19$159.93M$164.33M

Harmonic Earnings - Frequently Asked Questions

Harmonic (NASDAQ:HLIT) last announced its quarterly earning data on Monday, October 28, 2024. Learn more on HLIT's earnings history.

Harmonic updated its fourth quarter 2024 earnings guidance on Monday, October, 28th. The company provided earnings per share (EPS) guidance of 0.330-0.390 for the period, compared to the consensus earnings per share estimate of 0.350. The company issued revenue guidance of $205.0 million-$220.0 million, compared to the consensus revenue estimate of $220.6 million.

In the previous quarter, Harmonic (NASDAQ:HLIT) reported $0.26 earnings per share (EPS) to beat the analysts' consensus estimate of $0.17 by $0.09. Learn more on analysts' earnings estimate vs. HLIT's actual earnings.

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

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

Harmonic's earnings report can be found in their filing with the SEC.
View SEC filing

Harmonic (NASDAQ:HLIT) has a recorded annual revenue of $623.65 million.

Harmonic (NASDAQ:HLIT) has a recorded net income of $83.99 million. HLIT has generated $0.73 earnings per share over the last four quarters.

Harmonic (NASDAQ:HLIT) has a trailing price-to-earnings ratio of 18.25 and a forward price-to-earnings ratio of 25.62.

Harmonic's earnings are expected to grow from $0.52 per share to $0.69 per share in the next year, which is a 32.69% increase.

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This page (NASDAQ:HLIT) was last updated on 12/21/2024 by MarketBeat.com Staff
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