Qualcomm Tops Estimates, Forecasts 30% Cut in Mobile Handset Shipments [TheStreet.com]
QUALCOMM Incorporated (QCOM)
Last qualcomm incorporated earnings: 4/29 04:01 pm
Check Earnings Report
US:NASDAQ Investor Relations:
qualcomm.com/info/investor-relations
Company Research
Source: TheStreet.com
Qualcomm Inc.(QCOMGet ReportThe company posted adjusted earnings per share of 88 cents on $5.2 billion in revenue for the period. It had been expected to make 79 cents a share on sales of $5 billion.In the same period a year ago, the company posted earnings of 77 cents a share on sales of $4.9 billion.Qualcomm said it is forecasting non-GAAP diluted EPS for the current quarter of between 60 cents and 80 cents.“Given the uncertainty caused by the COVID-19 pandemic, including the timing and pace of economic recovery, our guidance for the third quarter of fiscal 2020 is based on a planning assumption that there will be an approximate 30% reduction in handset shipments relative to our prior expectations, resulting in an estimated impact of greater than ($0.30) to EPS in the third quarter of fiscal 2020,” the company said in a statement.Qualcomm said its second quarter saw a reduction in demand for mobile “handsets of approximately 21% compared to our prior expectation and on a year-over-y
Show less
Read more
Impact Snapshot
Event Time:
QCOM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
QCOM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
QCOM alerts
High impacting QUALCOMM Incorporated news events
Weekly update
A roundup of the hottest topics
QCOM
News
- Meta Cuts Verse, $3.25 Billion In Flux AI, As AI Axe Falls On Ad Crews [Forbes]Forbes
- QUALCOMM Incorporated (QCOM) Gains Analyst Confidence as AI and Data Center Strategy Accelerates [Yahoo! Finance]Yahoo! Finance
- We Walked, Slept, Swam And Ran (Many Miles) To Test The Best Smartwatches [Forbes]Forbes
- QUALCOMM Incorporated (QCOM): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Today Only: Save Up to $850 Off a New Microsoft Surface Pro 11 or Laptop 7 [CNET News]CNET News
QCOM
Earnings
- 11/5/25 - Beat
QCOM
Sec Filings
- 12/2/25 - Form 4
- 12/2/25 - Form 144
- 11/21/25 - Form 4
- QCOM's page on the SEC website