Qualcomm (QCOM) Q1 Earnings and Revenues Surpass Estimates

Qualcomm (QCOM) came out with quarterly earnings of $3.41 per share, beating the Zacks Consensus Estimate of $2.93 per share. This compares to earnings of $2.75 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 16.38%. A quarter ago, it was expected that this chipmaker would post earnings of $2.56 per share when it actually produced earnings of $2.69, delivering a surprise of 5.08%.Over the last four quarters, the company has su ...