Compared to Estimates, Qualcomm (QCOM) Q1 Earnings: A Look at Key Metrics

For the quarter ended December 2023, Qualcomm (QCOM) reported revenue of $9.94 billion, up 5.1% over the same period last year. EPS came in at $2.75, compared to $2.37 in the year-ago quarter.The reported revenue represents a surprise of +4.52% over the Zacks Consensus Estimate of $9.51 billion. With the consensus EPS estimate being $2.38, the EPS surprise was +15.55%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expec ...