BofA/Merrill Lynch Downgrades Qorvo Inc (QRVO) to Underperform
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Needham & Company Not Throwing In the Towel on Qorvo (QRVO)
November 4, 2016 8:20 AM EDTNeedham & Company analyst N. Quinn Bolton lowered estimates and his price target on Qorvo Inc (NASDAQ: QRVO) to $62.00 (from $63.00) but said they aren't throwing in the towel and maintained a Buy rating.
Bolton commented, "QRVO reported better than expected F2Q17 topline... More
Drexel Hamilton Remains Bullish on Qorvo (QRVO) Following Mixed 2Q
November 4, 2016 6:58 AM EDTDrexel Hamilton maintained a Buy rating and $72.00 price target on Qorvo Inc (NASDAQ: QRVO) following the company's 2Q earnings report. QRVO delivered non-GAAP revenue of $864.7 million and EPS of $1.29, vs. the Street consensus for sales of about $834.9 million and EPS of $1.41.
Analyst Cody... More
Qorvo (QRVO) Misses Q2 EPS by 12c, Q3 EPS Misses
November 3, 2016 4:22 PM EDTQorvo (NASDAQ: QRVO) reported Q2 EPS of $1.29, $0.12 worse than the analyst estimate of $1.41. Revenue for the quarter came in at $863.7 million versus the consensus estimate of $834.77 million.
GUIDANCE:
Qorvo sees Q3 2017 EPS of $1.15-$1.35, versus the consensus of $1.45.
For earnings history and earnings-related data on Qorvo (QRVO) click here.
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