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Qualcomm (QCOM) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
QCOMQualcomm(QCOM) Zacks Investment Research·2024-05-02 01:31

Qualcomm (QCOM) reported 9.39billioninrevenueforthequarterendedMarch2024,representingayearoveryearincreaseof1.29.39 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 1.2%. EPS of 2.44 for the same period compares to 2.15ayearago.ThereportedrevenuecomparestotheZacksConsensusEstimateof2.15 a year ago.The reported revenue compares to the Zacks Consensus Estimate of 9.32 billion, representing a surprise of +0.74%. The company delivered an EPS surprise of +6.09%, with the consensus EPS estimate being $2.30.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street e ...