Qualcomm Inc (QCOM)

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$7.10 Billion in Sales Expected for QUALCOMM Incorporated (QCOM) This Quarter
By: MarketBeat | April 30, 2021

Wall Street brokerages expect QUALCOMM Incorporated (NASDAQ:QCOM) to report $7.10 billion in sales for the current fiscal quarter, according to Zacks. Seven analysts have made estimates for QUALCOMM's earnings. The lowest sales estimate is $6.79 billion and the highest is $7.68 billion. QUALCOMM reported sales of $4.89 billion in the same quarter last year, which would suggest a positive year over year growth rate of 45.2%. The business is scheduled to report its next earnings results on Wednesday, August 4th.

According to Zacks, analysts expect that QUALCOMM will report full-year sales of $31.09 billion for the current year, with estimates ranging from $30.52 billion to $32.04 billion. For the next year, analysts forecast that the firm will post sales of $33.82 billion, with estimates ranging from $32.05 billion to $36.96 billion. Zacks Investment Research's sales calculations are a mean average based on a survey of analysts that that provide coverage for QUALCOMM.

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