Qualcomm Incorporated (QCOM) - Get Report is expected to report quarterly earnings of 71 cents a share on sales of $4.8 billion after the market closes on Wednesday, based on a FactSet survey of 20 analysts.
In the same period a year ago the company posted earnings of 80 cents a share on sales of $5.2 billion.
The stock has risen 71.7% since the company last reported earnings on Jan. 30.
Quarterly estimates have risen less than 1 cent a share in the past month. Qualcomm is currently trading at a price-to-forward-earnings ratio of 15.9 based on the 12-month estimates of 11 analysts surveyed by FactSet.
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