Qorvo Inc QRVO.OQ QRVO.O is expected to show a fall in quarterly revenue when it reports results on April 29 for the period ending March 31 2025
The Greensboro North Carolina-based company is expected to report a 9.6% decrease in revenue to $850.392 million from $940.99 million a year ago, according to the mean estimate from 19 analysts, based on LSEG data.The company's guidance on January 28 2025, for the period ended March 31, was for revenue between $825.00 million and $875.00 million.
LSEG's mean analyst estimate for Qorvo Inc is for earnings of $1.00 per share. The company's EPS guidance on January 28 2025, for the period ended March 31, was between $0.90 and $1.10
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 18 "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, above its last closing price of $63.51.
The company's guidance on January 28 2025 for the period ended March 31 was for gross profit margin between USD43% and USD44%.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Dec. 31 2024 | 1.21 | 1.20 | 1.61 | Beat | 33.7 |
Sep. 30 2024 | 1.86 | 1.85 | 1.88 | Beat | 1.5 |
Jun. 30 2024 | 0.72 | 0.71 | 0.87 | Beat | 22.4 |
Mar. 31 2024 | 1.23 | 1.21 | 1.39 | Beat | 14.4 |
Dec. 31 2023 | 1.67 | 1.66 | 2.10 | Beat | 26.6 |
Sep. 30 2023 | 1.78 | 1.77 | 2.39 | Beat | 34.7 |
Jun. 30 2023 | 0.15 | 0.15 | 0.34 | Beat | 126.2 |
Mar. 31 2023 | 0.14 | 0.13 | 0.26 | Beat | 97.6 |
This summary was machine generated April 25 at 20:54 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)
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