Qualcomm (QCOM) Tops Q2 EPS by 6c; Q3 Outlook Weighs, FY12 Guidance Raised

April 18, 2012 4:00 PM EDT
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Qualcomm, Inc. (NASDAQ: QCOM) reported Q2 EPS of $1.01, $0.06 better than the analyst estimate of $0.95. Revenue for the quarter came in at $4.94 billion versus the consensus estimate of $4.82 billion.

Sees Q3 adj-EPS of 83-89 cents on sales of $4.45-$4.85 billion. The Street is looking for Q3 EPS of 90 cents on sales of $4.8 billion.

Raised its FY12 adj-EPS guidance from $3.55-$3.75 to $3.61-$3.76, vs. the consensus of $3.78. Sees sales of $18.7-$19.7 billion, vs. the consensus of $19.46 billion.

For earnings history and earnings-related data on Qualcomm, Inc. (QCOM) click here.

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