• Qorvo Inc QRVO.OQ QRVO.O is expected to show a fall in quarterly revenue when it reports results on January 28 for the period ending December 31 2024

• The Greensboro North Carolina-based company is expected to report a 16.0% decrease in revenue to $901.517 million from $1.07 billion a year ago, according to the mean estimate from 21 analysts, based on LSEG data.The company's guidance on October 29 2024, for the period ended December 31, was for revenue between $875.00 million and $925.00 million.

• ​LSEG's mean analyst estimate for Qorvo Inc is for earnings of $1.20 per share. The company's EPS guidance on October 29 2024, for the period ended December 31, was between $1.10 and $1.30

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 21 "hold" and 3 "sell" or "strong sell."

• The mean earnings estimate of analysts was unchanged in the last three months. ​

• Wall Street's median 12-month price target for Qorvo Inc is $90.00​, below​ its last closing price of $90.57. ​​​

The company's guidance on October 29 2024 for the period ended December 31 was for gross profit margin of USD45%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

This summary was machine generated January 24 at 21:10 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)