Qualcomm Incorporated Reports Results For The Quarter Ended September 30: Earnings Summary
QUALCOMM Incorporated reports results for the quarter ended September 30 - Earnings Summary
QUALCOMM Incorporated QCOM.OQ reported quarterly adjusted earnings of $2.17 per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $3.00. The mean expectation of thirty analysts for the quarter was for earnings of $2.16 per share. Wall Street expected results to range from $2.13 to $2.24 per share.
Revenue fell 8.4% to $10.32 billion from a year ago; analysts expected $10.11 billion.
QUALCOMM Incorporated's reported EPS for the quarter was $1.17.
The company reported quarterly net income of $1.25 billion.
QUALCOMM Incorporated shares had fallen by 10.7% this quarter and lost 3.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.4% in the last three months.
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 14 "strong buy" or "buy," 23 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the semiconductors peer group is "buy."
Wall Street's median 12-month price target for QUALCOMM Incorporated is $180.00, about 8.6% above its last closing price of $164.43
This summary was machine generated from LSEG data November 4 at 10:01 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2026 | 2.16 | 2.17 | Beat |
Jun. 30 2026 | 2.23 | 2.21 | Missed |
Mar. 31 2026 | 2.56 | 2.65 | Beat |
Dec. 31 2025 | 3.41 | 3.50 | Beat |
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