Qualcomm Inc expected to post earnings of $2.96 a share - Earnings Preview

Reuters
02-04
Qualcomm Inc <qcom.oq> expected to post earnings of $2.96 a share - Earnings Preview </qcom.oq>
  • Qualcomm Inc QCOM.OQ QCOM.O is expected to show a rise in quarterly revenue when it reports results on February 5 for the period ending December 31 2024

  • The San Diego California-based company is expected to report a 10.1% increase in revenue to $10.927 billion from $9.92 billion a year ago, according to the mean estimate from 26 analysts, based on LSEG data.The company's guidance on November 6 2024, for the period ended December 31, was for revenue between $10.50 billion and $11.30 billion. (Revenue Majority Basis is Non-GAAP)

  • ​LSEG's mean analyst estimate for Qualcomm Inc is for earnings of $2.96 per share. The company's EPS guidance on November 6 2024, for the period ended December 31, was between $2.85 and $3.05

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 22 "strong buy" or "buy," 17 "hold" and 1 "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Qualcomm Inc is $199.00​, above​ its last closing price of $172.93. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

2.57

2.56

2.69

Beat

5.1

Jun. 30 2024

2.26

2.25

2.33

Beat

3.6

Mar. 31 2024

2.35

2.32

2.44

Beat

5.1​

Dec. 31 2023

2.38

2.37

2.75

Beat

16

​​Sep. 30 2023

1.91

1.91

2.02

Beat

6

Jun. 30 2023

1.80

1.81

1.87

Beat

3.5​

Mar. 31 2023

2.14

2.15

2.15

Met

0.1

Dec. 31 2022

2.35

2.34

2.37

Beat

1.2

This summary was machine generated February 3 at 21:06 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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