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Market Impact: 0.35

Qorvo (QRVO) Tops Q4 Earnings and Revenue Estimates

QRVO
Corporate EarningsAnalyst EstimatesCompany Fundamentals

Qorvo reported quarterly EPS of $1.69, beating the Zacks Consensus Estimate of $1.21 by $0.48, or about 40%. Earnings also improved from $1.42 per share a year ago, indicating year-over-year growth. The article is limited to a profit beat, but the result is clearly positive for the stock near term.

Analysis

Qorvo reported quarterly EPS of $1.69, beating the Zacks Consensus Estimate of $1.21 by $0.48, or about 40%. Earnings also improved from $1.42 per share a year ago, indicating year-over-year growth. The article is limited to a profit beat, but the result is clearly positive for the stock near term.

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Market Sentiment

Overall Sentiment

moderately positive

Sentiment Score

0.55

Ticker Sentiment

QRVO0.62