News Formal

Qualcomm stock slips further after hours as outlook overshadows earnings beat

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Qualcomm shares declined further in Wednesday's extended session as the chip maker's forecast was on the low side of Wall Street estimates.

Qualcomm Inc. shares declined further in Wednesday’s extended session as the chip maker’s forecast was on the low side of Wall Street estimates following an earnings beat.

Analysts surveyed by FactSet forecast third-quarter earnings... Qualcomm Inc. shares declined further in Wednesday’s extended session as the chip maker’s forecast was on the low side of Wall Street estimates following an earnings beat. Analysts surveyed by FactSet forecast third-quarter earnings of $1.81 a share on revenue of $8.51 billion.

The company reported fiscal third-quarter net income of $1.8 billion, or $1.60 a share, compared with $3.73 billion, or $3.29 a share, in the year-ago period. The chip maker reported adjusted earnings, which exclude stock-based compensation expenses and other items, of $1.87 a share, compared with $2.96 a share in the year-ago period.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 3. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Stock futures are little changed as Wall Street's busiest earnings week continues: Live updatesThe major averages ended July's trading on a positive note.
Källa: CNBC - 🏆 12. / 72 Läs mer »