3 Years Ago
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Waiting for QCOM's upcoming earnings report? Lets find out what's happening:
Qualcomm Inc (QCOM) is going to report earnings on July 27. Here's a few things you should know about before the report drops.
Analysts are estimating Qualcomm Inc will report an EPS (earnings per share) of EPS Normalized of $2.86, GAAP of $2.47 on Revenue of
$10.81B. Over the last 90 Days, there have been 22 upward revisions versus no downward revisions. They report on Wednesday.
Bulls will want to hear that the company beat the analysts' estimates and is set to grow in coming quarters. Just as important as the earnings report, is the company's future.
Bears are one of the most intelligent land animals in North America. Which is why they'll be listening for news that the company underperformed the analysts' estimates. After that they'll want to see a negative growth story that frames the company's future as one of deceleration or even decline in revenues over the following quarters.
If you're new to playing earnings reports, it's important to be aware that sometimes the majority of a stock's price movement can be caused by the analysts' estimates, rather than from the earnings report itself. The more of these moves you watch, the better you'll recognize the signs over time.
Shares of QCOM were trading at $146.26 as of July 19. Over the last 52-weeks, shares are down -23.73%. A larger percentage here can mean investors have a stronger bullish or bearish outlook on the stock.
Analysts are estimating Qualcomm Inc will report an EPS (earnings per share) of EPS Normalized of $2.86, GAAP of $2.47 on Revenue of
$10.81B. Over the last 90 Days, there have been 22 upward revisions versus no downward revisions. They report on Wednesday.
Bulls will want to hear that the company beat the analysts' estimates and is set to grow in coming quarters. Just as important as the earnings report, is the company's future.
Bears are one of the most intelligent land animals in North America. Which is why they'll be listening for news that the company underperformed the analysts' estimates. After that they'll want to see a negative growth story that frames the company's future as one of deceleration or even decline in revenues over the following quarters.
If you're new to playing earnings reports, it's important to be aware that sometimes the majority of a stock's price movement can be caused by the analysts' estimates, rather than from the earnings report itself. The more of these moves you watch, the better you'll recognize the signs over time.
Shares of QCOM were trading at $146.26 as of July 19. Over the last 52-weeks, shares are down -23.73%. A larger percentage here can mean investors have a stronger bullish or bearish outlook on the stock.
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