UPDATE: Qualcomm (QCOM) Tops Q4 EPS by 11c
Qualcomm (NASDAQ: QCOM) reported Q4 EPS of $0.92, $0.11 better than the analyst estimate of $0.81. Revenue for the quarter came in at $6 billion versus the consensus estimate of $5.8 billion.
Company sees Q1 EPS of $0.85-$0.95 vs $0.91 consensus.
Qualcomm’s Business Outlook Summary and Reconciliation
Q1 FY17 Results | Current Guidance Q1 FY18 Estimates (2) | |||||
Revenues | $6.0B | $5.5B - $6.3B | ||||
Year-over-year change | decrease 8% - increase 5% | |||||
GAAP diluted earnings per share (EPS) | $0.46 | $0.63 - $0.73 | ||||
Year-over-year change | increase 37% - 59% | |||||
Less diluted EPS attributable to QSI | ($0.01) | $0.01 | ||||
Less diluted EPS attributable to share-based compensation | ($0.13) | ($0.14 | ) | |||
Less diluted EPS attributable to other items (1) | ($0.60) | ($0.09 | ) | |||
Non-GAAP diluted EPS | $1.19 | $0.85 - $0.95 | ||||
Year-over-year change | decrease 20% - 29% | |||||
Other Information | ||||||
MSM chip shipments | 217M | 220M - 240M | ||||
Year-over-year change | increase 1% - 11% | |||||
QTL revenues | $1.8B | $1.1B - $1.3B | ||||
Year-over-year change | decrease 28% - 39% | |||||
For earnings history and earnings-related data on Qualcomm (QCOM) click here.