Qualcomm Q2 Net May Rise Only 1.5%, Tailwind Awaits

By | April 21, 2015

Scalper1 News

Qualcomm (QCOM) is expected to post modest earnings growth when it reports second-quarter results after the market closes Wednesday. Analysts polled by Thomson Reuters expect Qualcomm to report earnings per share excluding items of $1.33 for fiscal Q2 ended March 29, up 1.5% from the year-earlier quarter. Revenue is seen increasing 7.3% to $6.83 billion. Qualcomm’s revenue guidance for Q2 is $6.5 billion to $7.1 billion, up 7% year to year at the Scalper1 News

Scalper1 News