Qualcomm Q4 Adj. EPS $2.02 vs $1.91 Est., Revenues $8.665B vs $8.51B Est.
Portfolio Pulse from Benzinga Newsdesk
Qualcomm's Q4 adjusted EPS was $2.02, beating the estimate of $1.91. The company's revenues were $89.665B, significantly higher than the estimated $8.51B.
November 01, 2023 | 8:04 pm
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Qualcomm's Q4 earnings and revenues surpassed estimates, which could lead to a positive market reaction.
Qualcomm's Q4 earnings and revenues exceeded expectations, which is typically a positive signal to investors and can lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100