Gift Opening
$200 Off MarketBeat All Access
Thanks for being one of our best subscribers! You are eligible for a limited-time discount.
  •  days
  •  Hours
  •  Minutes
  •  Seconds
Claim Your Discount
×
Free Trial

Harmonic (HLIT) Earnings Date, Estimates & Call Transcripts

Harmonic logo
$11.09
-0.49 (-4.23%)
(As of 10/31/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Feb. 3Estimated
Actual EPS
(Oct. 28)
$0.26 Beat By $0.09
Consensus EPS
(Oct. 28)
$0.17
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 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 
Q3 20251$0.16$0.16$0.16 
Q4 20251$0.21$0.21$0.21 

HLIT Earnings Date and Information

Harmonic last posted its quarterly earnings data on October 28th, 2024. The communications equipment provider reported $0.26 EPS for the quarter, beating the consensus estimate of $0.17 by $0.09. The business earned $195.80 million during the quarter, compared to analyst estimates of $181.77 million. Its revenue was up 53.9% on a year-over-year basis. Harmonic has generated $0.73 earnings per share over the last year ($0.73 diluted earnings per share) and currently has a price-to-earnings ratio of 23.1. 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, February 3rd, 2025 based off prior year's report dates.

Harmonic Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
2/3/2025
(Estimated)
------- 
10/28/2024Q3 2024$0.17$0.26+$0.09$0.25$181.77 million$195.80 million      
7/29/2024Q2 2024$0.04$0.08+$0.04$0.17$133.67 million$138.70 million        
4/29/2024Q1 2024($0.0070)($0.05)($0.0430)($0.03)$121.70 million$122.06 million        
1/29/2024Q4 2023$0.1030$0.13+$0.0270($0.58)$158.98 million$167.10 million        
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    
Countdown to the biggest trade of my 25 yr career (Ad)

Tim Sykes - the world’s most apolitical Millionaire trader - just sat down for an urgent election interview… Breaking down the ONE MOVE you must make before the November 5th election to set yourself up for a prosperous 2025.

Click here to see the surprising reason why
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  
10/31/2020Q3 2020($0.05)$0.03+$0.08$0.02$82.19 million$94.90 million    
8/3/2020Q2 2020($0.13)($0.06)+$0.07($0.04)$69.92 million$73.99 million    
4/27/2020Q1 2020($0.05)($0.10)($0.05)($0.11)$85.02 million$78.40 million  
2/3/2020Q4 2019$0.08$0.12+$0.04$0.14$113.07 million$122.18 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, February 3rd, 2025 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 fourth quarter 2024 earnings guidance on Monday, October, 28th. The company provided earnings per share guidance of 0.330-0.390 for the period, compared to the consensus EPS 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.

Did Harmonic beat their earnings estimates last quarter?

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.

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 $623.65 million.

How much profit does Harmonic generate each year?

Harmonic (NASDAQ:HLIT) has a recorded net income of $83.99 million. HLIT has generated $0.73 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 23.10 and a forward price-to-earnings ratio of 25.20.

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.


`

More Earnings Resources from MarketBeat


This page (NASDAQ:HLIT) was last updated on 11/1/2024 by MarketBeat.com Staff
From Our Partners