Qualcomm Earnings Beat Expectations with $0.13, Profits Surge Higher Than Anticipated

According to the report, Qualcomm (NASDAQ: QCOM) achieved earnings per share of $2.69 for the fourth quarter, surpassing analysts' expectations of $2.56 by $0.13. The reported revenue for this quarter was $10.24 billion, while the analyst forecast was $9.9 billion.

Guidance For the first quarter of 2025, Qualcomm projected earnings per share in the range of $2.85-$3.05, compared to analysts' estimates of $2.86. The company's forecast for the first quarter of 2025 revenue is $10.50 billion-$11.30 billion, while analysts had estimated it at $10.59 billion.

Qualcomm's stock closed the day at $172.99, indicating an increase of 5.17% over the past three months and a gain of 43.30% over the last 12 months. Over the last 90 days, Qualcomm recorded six positive earnings per share and zero negative earnings per share.

Review the historical reactions of Qualcomm's stock price to past earnings reports here. According to InvestingPro, Qualcomm's financial health score is rated as "Fairly Good."

Explore Qualcomm's latest earnings reports and all financial information related to the company here. Stay updated on all developments regarding financial statements by visiting the Investing.com Earnings Calendar.