Analysts expect Qualcomm to report earnings of $1.31 a share and revenue of $7.02 billion for the fourth quarter. In the fiscal fourth quarter of 2013 Qualcomm reported earnings of $1.05 a share, below the $10.8 a share analysts' expected. The company reported revenue of $6.48 billion for the year-ago quarter, which beat analysts' estimates of $6.35 billion.
For the fiscal third quarter Qualcomm reported earnings of $1.44 a share and revenue of $6.81 billion, beating analysts' estimates of earnings of $1.22 a share and revenue of $6.52 billion.
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TheStreet Ratings team rates QUALCOMM INC as a Buy with a ratings score of A. TheStreet Ratings Team has this to say about their recommendation:
"We rate QUALCOMM INC (QCOM) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, increase in stock price during the past year and growth in earnings per share. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook."