Qualcomm Inc (QCOM)

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Qualcomm (QCOM) earnings beat by $0.06, revenue fell short of estimates
By: Investing.com | August 2, 2023

Qualcomm (NASDAQ: QCOM) reported third quarter EPS of $1.87, $0.06 better than the analyst estimate of $1.81. Revenue for the quarter came in at $8.44B versus the consensus estimate of $8.51B.

Guidance

Qualcomm sees Q4 2023 EPS of $1.80-$2.00 versus the analyst consensus of $1.91.

Qualcomm sees Q4 2023 revenue of $8.10B-$8.90B versus the analyst consensus of $8.70B.

Qualcomm's stock price closed at $129.27. It is up 18.84% in the last 3 months and down -13.33% in the last 12 months.

Qualcomm saw 0 positive EPS revisions and 18 negative EPS revisions in the last 90 days. See Qualcomm's stock price’s past reactions to earnings here.

According to InvestingPro, Qualcomm's Financial Health score is "great performance".

Check out Qualcomm's recent earnings performance, and Qualcomm's financials here.

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