diff --git a/util/qemu-timer.c b/util/qemu-timer.c
index 6b1533bc2a..d5e33490fc 100644
--- a/util/qemu-timer.c
+++ b/util/qemu-timer.c
@@ -182,7 +182,7 @@ bool qemu_clock_has_timers(QEMUClockType type)
 
 bool timerlist_expired(QEMUTimerList *timer_list)
 {
-    int64_t expire_time;
+    int64_t expire_time = 0;
 
     if (!qatomic_read(&timer_list->active_timers)) {
         return false;
@@ -212,7 +212,7 @@ bool qemu_clock_expired(QEMUClockType type)
 int64_t timerlist_deadline_ns(QEMUTimerList *timer_list)
 {
     int64_t delta;
-    int64_t expire_time;
+    int64_t expire_time = 0;
 
     if (!qatomic_read(&timer_list->active_timers)) {
         return -1;
@@ -461,7 +461,7 @@ void timer_mod_ns(QEMUTimer *ts, int64_t expire_time)
 void timer_mod_anticipate_ns(QEMUTimer *ts, int64_t expire_time)
 {
     QEMUTimerList *timer_list = ts->timer_list;
-    bool rearm;
+    bool rearm = false;
 
     WITH_QEMU_LOCK_GUARD(&timer_list->active_timers_lock) {
         if (ts->expire_time == -1 || ts->expire_time > expire_time) {