Drexel Hamilton Remains Bullish on Qorvo (QRVO) Following Mixed 2Q
- Nasdaq, S&P tumble as Netflix, chip stocks drag; AmEx boosts Dow
- Sony/Apollo bid for Paramount could be worth as much as $29 billion - Source
- Netflix Q1 earnings top estimates on blowout subscriber growth
- Nasdaq tumbles, Treasuries dip amid earnings, geopolitical crosscurrents
- Gold prices rally past $2,400 on reports of Israel strikes on Iran
- Tritium DCFC Limited (DCFC): Three Australian subsidiaries were determined to be insolvent or likely to become insolvent
- Hasbro (HAS) Announces Resignation of Cynthia Williams, President of Wizards of the Coast and Hasbro Gaming
- Jabil falls after placing CEO on paid leave amid internal investigation
- Frontier Communications (FYBR) says third party had gained unauthorized access to portions of its information technology environment
- Ibotta (IBTA) Prices 6.56M Share IPO at $88/sh
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
- Midday movers: Tesla, Blackstone, Las Vegas Sands fall; DR Horton rises
- After-hours movers: Alcoa rises; Equifax and Las Vegas Sands fall
- Midday movers: Travelers, JB Hunt fall; United Airlines rises
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
BofA/Merrill Lynch Downgrades Qorvo Inc (QRVO) to Underperform
November 4, 2016 6:50 AM EDTBofA/Merrill Lynch downgraded Qorvo Inc (NASDAQ: QRVO) from Buy to Underperform with a price target of $50.00.
For an analyst ratings summary and ratings history on Qorvo Inc click here. For more ratings news on Qorvo Inc click here.
Shares of Qorvo Inc closed at $56.74 yesterday.
... MoreAfter-Hours Stock Movers 11/03: (PODD) (FEYE) (HDP) Higher; (MDCA) (GPRO) (QRVO) Lower (more...)
November 3, 2016 6:47 PM EDTToday's After-Hours Stock Movers
MDC Partners (NASDAQ: MDCA) 21.4% LOWER; cutting outlook, dividend.
GoPro (NASDAQ: GPRO) 19% LOWER; reported Q3 EPS of ($0.60), $0.24 worse than the analyst estimate of ($0.36). Revenue for the quarter came in at $240.57 million versus the consensus estimate of $315.89 million. GUIDANCE: GoPro sees Q4 2016 EPS of $0.25-$0.35, versus the consensus of $0.46. GoPro sees Q4 2016 revenue of $600-650 million, versus the consensus of $675.5 million. GoPro sees FY2016 revenue of $1.25-1.30 billion, versus the consensus of $1.39 billion. GoPro sees FY2017 revenue of $735... 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.
... MoreQorvo (QRVO) calls active into Q3 results and outlook
November 3, 2016 10:29 AM EDTQorvo (NASDAQ: QRVO) November 55, 60 and 65 calls are active on total call volume of 1,070 contracts (42 puts) into the expected release of Q3 results today after the market close. November call option implied volatility is at 59, December is at 45; compared to its 52-week range of 33 to 81.
... MoreQorvo (QRVO) on Watch Amid Unconfirmed Market Chatter
November 3, 2016 10:21 AM EDTQorvo (NASDAQ: QRVO) on Watch Amid Unconfirmed Market Chatter
... More