A Look at Qorvo's Upcoming Earnings Report
Portfolio Pulse from Benzinga Insights
Qorvo is set to release its quarterly earnings report on October 29, 2024, with analysts expecting an EPS of $1.85. The market is optimistic about Qorvo surpassing estimates and providing positive guidance. The company's past performance shows mixed results, with a recent EPS beat leading to a slight share price increase. Analysts have a Neutral consensus on Qorvo, with a 24.44% potential upside based on the average price target. Qorvo's financial metrics show strong revenue growth but challenges in profitability and debt management.
October 28, 2024 | 3:03 pm
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Qorvo is expected to release its earnings report with an anticipated EPS of $1.85. The market is optimistic about the company surpassing estimates and providing positive guidance, which could drive the stock price up. Analysts have a Neutral consensus with a potential 24.44% upside.
The upcoming earnings report is a significant event for Qorvo, with the potential to impact its stock price. The market's optimism about surpassing EPS estimates and providing positive guidance suggests a likely positive short-term impact on the stock price. The Neutral analyst consensus and potential upside further support this view.
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