Qualcomm (QCOM) closed at $87.83 within the newest buying and selling session, marking a -1.37% tra
Qualcomm (QCOM) closed at $87.83 within the newest buying and selling session, marking a -1.37% transfer from the prior day. This transfer lagged the S&P 500’s day by day achieve of 0.01%. On the similar time, the Dow added 0.01%, and the tech-heavy Nasdaq gained 0.2%.
Previous to in the present day’s buying and selling, shares of the chipmaker had misplaced 1.58% over the previous month. This has lagged the Laptop and Know-how sector’s achieve of two.57% and the S&P 500’s achieve of two.67% in that point.
QCOM shall be trying to show power because it nears its subsequent earnings launch. In that report, analysts count on QCOM to publish earnings of $0.85 per share. This may mark a year-over-year decline of 29.17%. In the meantime, our newest consensus estimate is asking for income of $4.83 billion, down 0.35% from the prior-year quarter.
Wanting on the full yr, our Zacks Consensus Estimates recommend analysts expect earnings of $4.12 per share and income of $21.88 billion. These totals would mark modifications of +16.38% and -9.84%, respectively, from final yr.
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