The earnings outcomes for Qorvo QRVO for Q3 had been made public on Tuesday, January 28, 2025 at 04:00 PM.
This is a complete overview of the announcement.
Earnings
Qorvo beat estimated earnings by 33.0%, reporting an EPS of $1.61 versus an estimate of $1.21.
Income was down $157.70 million from the identical interval final 12 months.
Earlier Earnings Data
The corporate beat on EPS by $0.03 within the final quarter, leading to a 27.0% drop share value change the next day.
This is a take a look at Qorvo’s previous efficiency:
| Quarter | Q2 2025 | Q1 2025 | This fall 2024 | Q3 2024 |
|---|---|---|---|---|
| EPS Estimate | 1.85 | 0.71 | 1.21 | 1.66 |
| EPS Precise | 1.88 | 0.87 | 1.39 | 2.10 |
| Income Estimate | 1.03B | 851.88M | 926.25M | 1.00B |
| Income Precise | 1.05B | 886.67M | 941.99M | 1.07B |
New buyers ought to observe that it’s typically not an earnings beat or miss that the majority impacts the value of a inventory, however the steerage (or forecast).
Steerage
Qorvo administration supplied steerage for This fall 2025, anticipating earnings between $0.9 and $1.1 per share.
To trace all earnings releases for Qorvo go to their earnings calendar right here.
This text was generated by Benzinga’s automated content material engine and reviewed by an editor.
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