Qorvo, Inc. (NASDAQ:QRVO) Median Sales Estimate At $727.9


The EPS projection of Qorvo, Inc. (NASDAQ:QRVO) for quarter ended 2016-09-30 is $1.07. Last week, the EPS forecast was $1.07 against target of $1.07, a month earlier. Two months ago, this estimate was $1.07 versus forecast of $1.07 three months earlier, implying a deviation of 0%.

Qorvo, Inc. (NASDAQ:QRVO) stated that 18 days ago, its stock price was positively revised 1 times while negative revisions were 2.

In last week, the experts lowered EPS 0 times and increased EPS 0 times. In last 30, 120, 60 and 90 days, the experts upped revisions 0 , 2, 2, and 3, correspondingly.

EPS estimate downgrade for Qorvo, Inc. (NASDAQ:QRVO) in the preceding 30, 120, 60 and 90 days were 0, 0, 0, and 0, correspondingly.

Earnings Surprises

Qorvo, Inc. (NASDAQ:QRVO) EPS target for the quarter closed 4 was $1.07, based on 3 recommendations. As reported on 2016-05-04 the EPS was $0.85. The change was $0.16, implying a percentage deviation of 23.19%. The projections showed a standard deviation of 0.04.

Quarterly Sales Estimates

Qorvo, Inc. (NASDAQ:QRVO) yearly sales prediction for the fiscal 2018 stands at $725.44 and the median estimate is at $727.9. Almost 5 analysts issued sales target.

Highest sales target is $750 while the lowest target is $696 showing standard deviation of 20.918%.

As many as 5 analysts have sales targets revised upside while 5 reduced sales estimates, implying a deviation of 0%.

Last month, 5 revised sales number projection on upside while 5 lowered the sales projections, implying a deviation of 0.084%.

A quarter ago, 5 hiked sales target and 5 reduced sales forecast. Qorvo, Inc. (NASDAQ:QRVO) announced that the deviation in forecast was 3.713%.

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