A Preview Of Qorvo's Earnings
Portfolio Pulse from Benzinga Insights
Qorvo (NASDAQ:QRVO) is expected to release its quarterly earnings report on January 31, 2024, with an estimated EPS of $1.66. Investors are looking for an earnings beat and positive guidance for the next quarter. Qorvo's stock performance has been negative over the last year, with a 10.12% decline. Past earnings have shown mixed reactions in stock price changes post-announcement.
January 30, 2024 | 5:00 pm
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Qorvo is anticipated to report quarterly earnings with an estimated EPS of $1.66. Investors will focus on earnings results and future guidance, which could influence the stock price. The past year has seen a 10.12% decline in share value.
The short-term impact on QRVO's stock price will likely hinge on whether the company beats the EPS estimate and provides positive guidance. Historical data shows mixed reactions to past earnings, making it challenging to predict the direction of the stock movement. The recent negative trend in stock performance may temper investor expectations.
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