Qorvo, Inc. (NASDAQ:QRVO) Yearly Sales Target At $725.44


The EPS projection of Qorvo, Inc. (NASDAQ:QRVO) for quarter ended 2016-09-30 is $1.07. A week before, the EPS forecast was $1.07 against target of $1.07, a month earlier. This estimate stood at $1.07 60 days earlier versus forecast of $1.07 90 days earlier, confirming a deviation of 0%.

Qorvo, Inc. (NASDAQ:QRVO) reported that 18 days ago, the positive EPS revisions were 1 and negative revisions at 2.

In last week, the per-share earnings was lowered 0 times and 0 times positively. In last 120, 60, 30 and 90 days the positive revisions were 2, 2, 0 and 3, respectively.

The downgrade of EPS estimates for Qorvo, Inc. (NASDAQ:QRVO) in the preceding 120, 60, 30 and 90 days were 0, 0, 0 and 0, in that order.

Earnings Surprises

As per the latest update, for the quarter closed 4, the EPS estimate of Qorvo, Inc. (NASDAQ:QRVO) was $1.07. This projection was computed after accounting 3 calls. As reported on 2016-05-04 the EPS was $0.85. The change was $0.16, demonstrating a percentage deviation of 23.19%. The projections confirmed a standard deviation of 0.04.

Quarterly Sales Estimates

For the fiscal 2018, the yearly sales target for Qorvo, Inc. (NASDAQ:QRVO) stands at $725.44 and the median estimate at $727.9. Almost 5 analysts announced their estimates.

The highest estimate is $750 while the lowest target is $696 showing standard deviation of 20.918%.

As many as 5 analysts released sales estimates reised in upside while 5 reduced sales estimates, demonstrating a deviation of 0%.

In last month, 5 revised sales number projection on upside while 5 lowered the sales target, demonstrating a deviation of 0.084%.

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

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