/Qorvo%20Inc%20HQ%20photo-by%20Sundry%20Photography%20via%20iStock.jpg)
With a market cap of $11.3 billion, Qorvo, Inc. (QRVO) provides core technologies and radio frequency (RF) solutions for mobile, infrastructure, aerospace, and defense applications. The Greensboro, North Carolina-based company is expected to announce its Q1 earnings after the market closes on Tuesday, Jul. 30.
Ahead of the event, analysts expect Qorvo to report a profit of $0.43 per share, up significantly from $0.03 per share reported in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS projections in the past four quarters. QRVO reported an EPS of $1.17 in Q4 2024, exceeding the consensus estimates by 14.7%.