Qorvo Inc expected to post earnings of 60 cents a share - Earnings Preview

Qorvo

25/07/2025 21:54

Qorvo Inc QRVO.OQ QRVO.O is expected to  show a fall in quarterly revenue when it reports  results on July 29 for the period ending June 30 2025

The Greensboro North Carolina-based  company is expected to report a 12.5% decrease in revenue to $775.563 million from $886.67 million a year ago, according to the mean estimate from 20 analysts, based on LSEG data.The company's guidance on April 29 2025, for the period ended June 30, was for revenue between $750.00 million and $800.00 million.

​LSEG's mean analyst estimate for Qorvo Inc is for earnings of 60 cents per share. The company's EPS guidance on April 29 2025, for the period ended June 30, was between $0.50 and $0.75

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 7 "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 $85.00, about 1.4% below its last closing price of $86.19

The company's guidance on April 29 2025 for the period ended June 30 was for gross profit margin between USD42% and USD44%.

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

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Mar. 31 2025
1.01
1.00
1.42
Beat
41.7
Dec. 31 2025
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

This summary was machine generated July 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)