Qualcomm Sees Q4 Adj. EPS $1.80-$2.00 vs $1.91 Est., Revenues $8.1B-$8.9B vs $8.7B Est.
Portfolio Pulse from Benzinga Newsdesk
Qualcomm has projected its Q4 adjusted EPS to be between $1.80 and $2.00, compared to the estimated $1.91. The company also expects its revenues to be between $8.1 billion and $8.9 billion, against the estimated $8.7 billion.
August 04, 2023 | 12:07 pm
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NEUTRAL IMPACT
Qualcomm's Q4 adjusted EPS and revenue forecasts are in line with estimates, indicating stable financial performance.
Qualcomm's Q4 adjusted EPS and revenue forecasts are within the range of estimates, suggesting that the company's financial performance is stable. This could maintain investor confidence and keep the stock price steady in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100