Post-earnings recap
Reported
Tue, Jul 28, 2026
EPS actual
$1.64
EPS est.
$0.86
EPS surprise
+89.81%
1-day move
+2.23%
Qorvo, Inc. is a semiconductor company that designs and manufactures radio frequency solutions for mobile, infrastructure, and aerospace applications. As a key player in the information technology sector, Qorvo is positioned to benefit from trends like 5G technology and the increasing demand for connectivity.
Last quarter
In the last quarter, Qorvo reported an impressive EPS of $1.69, significantly beating estimates. The stock reacted positively, gaining 4.13% the following day.
Management promises and guidance
EPS beat streak
8Q
EPS beat rate
100%
Avg EPS surprise
+73.69%
Avg 1-day reaction
+0.26%
Analysts expect Qorvo to report solid earnings, with a consensus EPS of $2.10. The outlook is cautiously optimistic, given the company's recent strong performance.
Bull case
If Qorvo exceeds expectations, particularly in revenue growth, it could signal strong demand for its products, leading to a positive stock reaction.
Bear case
Conversely, if earnings fall short of the consensus, it may raise concerns about market demand and competitive pressures, potentially leading to a negative stock reaction.
Key metrics to watch
EPS
$2.10Earnings per share is a critical measure of profitability and will indicate how well the company has managed costs and revenue.
Revenue
$919MTotal revenue reflects the company's overall sales performance and market demand for its products.
The print will turn on these.
Q1
Will Qorvo achieve an EPS of $2.10 or higher?
This figure is critical as it will indicate the company's ability to manage costs and drive profitability in a competitive market.
Q2
What is the revenue outlook for the upcoming quarters?
Understanding revenue growth will provide insights into demand for Qorvo's products and overall market health.
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Est. EPS
—
Est. Rev
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Impl. Move
±3.5%
Why consensus could be wrong
The Street may be underestimating Qorvo's potential for revenue growth driven by increased demand for 5G technology, which could lead to a stronger performance than anticipated.
Supporting evidence
Qorvo has consistently beaten EPS estimates, indicating strong operational management.
The options market is pricing a significant move, suggesting traders expect volatility that may not align with consensus expectations.
Key risk
If revenue growth significantly exceeds $919M, it could challenge the current bearish sentiment and validate a more optimistic outlook.
Pre-commit to what would confirm each case.
This quarter's performance is pivotal as it will reflect Qorvo's ability to capitalize on growing demand in the semiconductor sector.
Bull confirmed if
An EPS of $2.10 or better with revenue exceeding $919M would confirm strong demand and operational efficiency.
Bear confirmed if
An EPS below $1.72 or revenue under $840M would raise concerns about market demand and competitive positioning.
What the market is pricing for the move.
Implied Move
±16.12%
Historical Avg
±1.6%
The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement.
Options are pricing ±16.1% while QRVO has averaged ±1.6% over the last 8 prints — setup is pricing rich.
ATM IV
0.5%
30d HV
53.9%
Likely market behavior by outcome. Not investment advice.
Beat & raise
If Qorvo beats expectations, history suggests the stock could see an average one-day move of +0.4%, confirming strong demand and operational success.
In line / cautious
If results are in line with expectations, the market may react cautiously, leading to minimal movement as investors assess future guidance.
Miss
If Qorvo misses earnings expectations, history suggests a potential average one-day move of -0.33%, indicating concerns over demand and market positioning.
The lines on the call that would change the story.