Qualcomm (QCOM) Guides Q3 EPS Below the Street; Raises FY12 Outlook

April 18, 2012 4:06 PM EDT
Qualcomm (Nasdaq: QCOM) 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.


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