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Qorvo (QRVO) Earnings Date, Estimates & Call Transcripts

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$71.86
+0.60 (+0.84%)
(As of 11/1/2024 ET)

Qorvo Latest Earnings Summary

Upcoming Q3
Earnings Date
Jan. 29Estimated
Actual EPS
(Oct. 29)
$1.88 Beat By $0.03
Consensus EPS
(Oct. 29)
$1.85

Qorvo released Q2 2025 earnings on October 29, 2024, reporting an EPS of $1.88, which beat the consensus estimate of $1.85 by $0.03. Quarterly revenue fell 5.2% year-over-year to $1.05 billion, above analysts' expectations of $1.03 billion. With a trailing EPS of -$1.46, Qorvo's earnings are expected to grow 41.53% next year, from $4.84 to $6.85 per share.

QRVO Upcoming Earnings

Qorvo's next earnings date is estimated for Wednesday, January 29, 2025, based off prior year's reporting schedules.

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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$1.801.750 - 1.950
Q3 20251$2.48$2.48$2.481.100 - 1.300

Qorvo Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
1/29/2025
(Estimated)
------- 
10/29/2024Q2 2025$1.8470$1.88+$0.0330$3.20$1.03B$1.05B    
7/30/2024Q1 2025$0.71$0.87+$0.16$0.96$851.95M$886.70M        
5/1/2024Q4 2024$1.21$1.39+$0.18$2.31$927.24M$941.00M      
1/31/2024Q3 2024$1.42$1.89+$0.47$5.09$1.00B$1.07B  
11/1/2023Q2 2024$1.49$1.99+$0.50$2.99$1.00B$1.10B  
8/2/2023Q1 2024-$0.04$0.03+$0.07$0.50$639.84M$651.16M  
5/3/2023Q4 2023$0.13$0.26+$0.13$1.61$621.35M$632.70M      
2/1/2023Q3 2023$0.63$0.75+$0.12$1.36$726.33M$743.30M        
11/2/2022Q2 2023$2.28$2.35+$0.07$2.88$1.13B$1.16B      

Qorvo Earnings - Frequently Asked Questions

Qorvo has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, January 29th, 2025 based off last year's report dates. Learn more on QRVO's earnings history.

Qorvo issued an update on its third quarter 2025 earnings guidance on Tuesday, October, 29th. The company provided EPS guidance of 1.100-1.300 for the period, compared to the consensus earnings per share estimate of 1.920. The company issued revenue guidance of $875.0 million-$925.0 million, compared to the consensus revenue estimate of $1.1 billion.

In the previous quarter, Qorvo (NASDAQ:QRVO) reported $1.88 earnings per share (EPS) to beat the analysts' consensus estimate of $1.85 by $0.03. Learn more on analysts' earnings estimate vs. QRVO's actual earnings.

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

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

Qorvo (NASDAQ:QRVO) has a recorded annual revenue of $3.77 billion.

Qorvo (NASDAQ:QRVO) has a recorded net income of -$70.32 million. QRVO has generated -$1.46 earnings per share over the last four quarters.

Qorvo (NASDAQ:QRVO) has a forward price-to-earnings ratio of 14.85. The price/earnings-to-growth ratio is 3.98.

Qorvo's earnings are expected to grow from $4.84 per share to $6.85 per share in the next year, which is a 41.53% increase.

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This page (NASDAQ:QRVO) was last updated on 11/2/2024 by MarketBeat.com Staff
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