Qualcomm Incorporated Earnings: Your Sneak Peek to the Big Announcement

Qualcomm Incorporated (NASDAQ:QCOM) will report earnings after markets close on Wednesday, July 24th. QUALCOMM, Inc. develops and manufactures digital wireless communications equipment. The Company licenses its Code Division Multiple Access (CDMA) intellectual property to other companies, and produces CDMA-based integrated circuits; equipment and software used to track workers and assets; software for wireless content enablement; and offers services to deliver multimedia content.

Here is your Cheat Sheet to Qualcomm Incorporated Earnings:

Earnings Expectations: Analysts expect earnings of $1.03 per share on revenues of $6.05 billion. Currently, the company’s P/E ratio stands at 17.58.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $1.08 and has not changed. For the current year, the average estimate is a profit of $4.54, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Qualcomm Incorporated has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 11,142 10,416 10,991 14,957 19,121
Diluted EPS ($) 1.90 0.95 1.96 2.52 3.51

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 4,626.00 4,871.00 6,018.00 6,124.00
Diluted EPS ($) 0.69 0.73 1.09 1.06

Past Performance:
Qualcomm Incorporated has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)