Qorvo (QRVO) Q4 Earnings and Revenues Beat Estimates

Core Viewpoint - Qorvo reported quarterly earnings of $1.42 per share, exceeding the Zacks Consensus Estimate of $1.01 per share, and showing a year-over-year increase from $1.39 per share [1] Financial Performance - The company achieved revenues of $869.47 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 2.09%, but down from $940.99 million a year ago [2] - Over the last four quarters, Qorvo has consistently surpassed consensus EPS estimates and revenue estimates [2] Stock Performance - Qorvo shares have declined approximately 8.8% since the beginning of the year, compared to a 6% decline in the S&P 500 [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating expectations of outperforming the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.62 on revenues of $762.13 million, and for the current fiscal year, it is $5.62 on revenues of $3.7 billion [7] - The trend of estimate revisions for Qorvo has been favorable leading up to the earnings release [6] Industry Context - The Semiconductors - Radio Frequency industry, to which Qorvo belongs, is currently ranked in the top 2% of over 250 Zacks industries, suggesting strong performance potential [8]