Qualcomm Sees Q4 Adj. EPS $2.45-$2.65 vs $2.45 Est., Revenues $9.5B-$10.3B vs $9.71B Est.
Portfolio Pulse from Benzinga Newsdesk
Qualcomm has released its Q4 financial guidance, projecting adjusted EPS between $2.45 and $2.65, which aligns with the market estimate of $2.45. The company also forecasts revenues between $9.5 billion and $10.3 billion, compared to the market estimate of $9.71 billion.
July 31, 2024 | 8:00 pm
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Qualcomm's Q4 guidance shows adjusted EPS in line with estimates and a revenue range that encompasses market expectations. This suggests stable performance.
Qualcomm's guidance for Q4 adjusted EPS is in line with market expectations, and the revenue range is broad enough to cover the market estimate. This indicates a stable outlook without significant surprises, likely resulting in a neutral short-term impact on the stock price.
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