Qualcomm (QCOM) Tops Q1 EPS by 6c; Issues Light Q2 Outlook
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FBR Capital Remains Sidelined Following Qualcomm's (QCOM) Weaker-Than-Expected Guidance
January 28, 2016 10:05 AM ESTFBR Capital reiterated a Market Perform rating and $56.00 price target on Qualcomm (NASDAQ: QCOM) following the company's 4Q earnings results. QUALCOMM reported better-than-expected C4Q15 top-line results but gave weaker-than-expected 1Q16 guidance. For C4Q15, QUALCOMM reported revenue of $5.77B, ahead of the Streets $5.69B. QCT revenue was ~$4.1B, better... More
Weaker Smartphone Market Drives EPS Reductions for Qualcomm (QCOM) - Canaccord Genuity
January 28, 2016 8:48 AM ESTCanaccord Genuity analyst, Michael Walkley, maintained his Buy rating and $65 PT on Qualcomm (NASDAQ: QCOM) despite weaker than expected guidance. He notes that the guidance offered does not include revenue from LG due to a new licensing dispute.
Qualcomm reported strong Q1/F2016 results with pro forma EPS of $0.97, higher than consensus due to stronger QCT shipments and lower operating costs. Faster than anticipated... More
William Blair Downgrades Qualcomm (QCOM) to Market Perform
January 28, 2016 6:49 AM ESTWilliam Blair downgraded Qualcomm (NASDAQ: QCOM) from Outperform to Market Perform.
For an analyst ratings summary and ratings history on Qualcomm click here. For more ratings news on Qualcomm click here.
Shares of Qualcomm closed at $47.53 yesterday.
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