Brean Capital Raises Price Target on Qorvo (QRVO) to $62 Following 4Q Beat
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Go back to Brean Capital Raises Price Target on Qorvo (QRVO) to $62 Following 4Q Beat
May 5, 2016 9:27 AM EDT
Today's pre-open movers:
Synacor (Nasdaq: SYNC) 136.2% HIGHER; AT&T Inc. (NYSE:... More
May 5, 2016 7:07 AM EDT
BMO Capital analyst Tim Long raised his PT to $57 up from $50 after Qorvo Inc (NASDAQ: QRVO) reported positive results and provided strong June guidance. The analyst had been concerned that recent iPhone weakness would continue to drag down results, but it appears the earlier... More
May 5, 2016 6:39 AM EDT
Needham & Company reiterated a Buy rating on Qorvo Inc (NASDAQ: QRVO), and raised the price target to $53.00 (from $50.00), following the company's 4Q earnings report. QRVO reported revenue and NG EPS of $607MM/$1.04. Results exceeded guidance, as well as consensus estimates of $595MM/$0.90. Management guided F1Q17 revenue... More
May 4, 2016 6:30 PM EDT
Today's after-hours stock movers:
Papa Murphy's (NASDAQ: FRSH) 23% LOWER; reported Q1 EPS of $0.04, $0.09 worse than the analyst estimate of $0.13. Revenue for the quarter came in at $33 million versus the consensus estimate of $33.9 million. Domestic comparable store sales decreased by 2.8%, including a 2.8% decrease at both domestic franchisee-owned stores and at company-owned stores, compared with the first quarter of 2015. Revises Comp Guidance Lower.
Roadrunner Transportation Systems (NYSE: RRTS) 17.3% LOWER; reported Q1 EPS of $0.13, $0.10 worse than the analyst estimate of $0.23. Revenue... More
May 4, 2016 4:03 PM EDT
Qorvo (NASDAQ: QRVO) reported Q4 EPS of $1.04, $0.12 better than the analyst estimate of $0.92. Revenue for the quarter came in at $607.1 million versus the consensus estimate of $599.16 million.
GUIDANCE:
Qorvo sees Q2 2017 EPS of $1.05, versus the consensus of $0.96. Qorvo sees Q2 2017... More
