Workflow
Will Qorvo (QRVO) Beat Estimates Again in Its Next Earnings Report?
QorvoQorvo(US:QRVO) ZACKS·2025-10-30 17:11

Core Viewpoint - Qorvo (QRVO) is positioned well to continue its trend of beating earnings estimates, making it a stock worth considering for investors [1]. Earnings Performance - Qorvo has demonstrated a strong track record of surpassing earnings estimates, averaging a 44.49% beat over the last two quarters [2]. - In the most recent quarter, Qorvo reported earnings of $0.92 per share against an expectation of $0.62, resulting in a surprise of 48.39% [2]. - For the previous quarter, the consensus estimate was $1.01 per share, while the actual earnings were $1.42 per share, leading to a surprise of 40.59% [2]. Earnings Estimates and Predictions - Recent estimates for Qorvo have been trending upward, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of another earnings beat [5][8]. - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have historically produced positive surprises nearly 70% of the time [6]. - Qorvo currently has an Earnings ESP of +7.69%, suggesting increased analyst optimism regarding its earnings prospects [8]. Zacks Rank and Earnings Release - The stock holds a Zacks Rank of 2 (Buy), further supporting the expectation of a potential earnings beat [8]. - The next earnings report for Qorvo is anticipated to be released on November 3, 2025 [8].