Qualcomm (QCOM) Q3 Earnings Surpass Estimates

Core Viewpoint - Qualcomm reported quarterly earnings of $2.77 per share, exceeding the Zacks Consensus Estimate of $2.70 per share, and showing an increase from $2.33 per share a year ago, indicating a positive earnings surprise of +2.59% [1][2] Financial Performance - The company achieved revenues of $10.37 billion for the quarter ended June 2025, which was slightly below the Zacks Consensus Estimate by 0.15%, but an increase from $9.39 billion year-over-year [2] - Over the last four quarters, Qualcomm has surpassed consensus EPS estimates four times and topped revenue estimates three times [2] Stock Performance - Qualcomm shares have increased approximately 5.5% since the beginning of the year, while the S&P 500 has gained 8.3% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $2.82 on revenues of $10.57 billion, and for the current fiscal year, it is $11.75 on revenues of $43.65 billion [7] - The outlook for the Electronics - Semiconductors industry is positive, ranking in the top 28% of over 250 Zacks industries, suggesting potential for outperformance [8]