Get ready to mark your calendars because the much anticipated second quarter financial results of Qorvo (NASDAQ: QRVO) are set to be unveiled on Tuesday 29th October 2024. Investors and market watchers will have the chance to dive into the company's financial performance as the announcement is scheduled after market close.
The financial experts on Wall Street are predicting that the concern will likely report an estimated $1.85 profit per share for the second quarter. Additionally, it is anticipated that the company will reveal a $1.03 billion revenue during the quarter.
In the corresponding quarter of the previous year, the company's earnings report unveiled a per-share income of $2.39. Notably, the company's total revenue reached an impressive $1.1 billion during that specific period.
The forecasts for the company's annual performance have been disclosed by Wall Street analysts, with an estimated total revenue of $3.94 billion. In addition, they anticipate the company to report profit of $6.08 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q1 2025 | $0.87 | +155.9% | 886.67 M | +36.2% |
| Q4 2024 | $1.39 | +434.6% | 941.99 M | +48.9% |
| Q3 2024 | $2.10 | +180.0% | 1.07 B | +44.5% |
| Q2 2024 | $2.39 | -10.2% | 1.10 B | -4.7% |
| Q1 2024 | $0.34 | -84.9% | 651.16 M | -37.1% |
| *Growth on year-over-year basis | ||||
QRVO has scheduled a conference call on 29th October 2024 at 05:00 PM eastern time to discuss the second quarter financial results and other related information.
During Friday's trading, Qorvo (QRVO) shares reached a low of $98.88 and a high of $100.70, along with a total volume of 1.33 million shares. The stock ended the regular trading session at $99.01, reflecting drop of 0.52 percent.
