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Compared to Estimates, Qualcomm (QCOM) Q3 Earnings: A Look at Key Metrics
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For the quarter ended June 2026, Qualcomm (QCOM - Free Report) reported revenue of $9.95 billion, down 4% over the same period last year. EPS came in at $2.21, compared to $2.77 in the year-ago quarter.
The reported revenue represents a surprise of +2.44% over the Zacks Consensus Estimate of $9.71 billion. With the consensus EPS estimate being $2.22, the EPS surprise was -0.45%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Qualcomm performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenues- QCT: $8.5 billion versus $8.29 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -5.4% change.
Revenues- QTL: $1.28 billion compared to the $1.25 billion average estimate based on five analysts. The reported number represents a change of -3% year over year.
Revenues- QCT- Automotive: $1.59 billion compared to the $1.49 billion average estimate based on four analysts. The reported number represents a change of +61.4% year over year.
Revenues- QCT- Handsets: $5.09 billion versus the four-analyst average estimate of $4.92 billion. The reported number represents a year-over-year change of -19.6%.
Revenues- QCT- IoT (internet of things): $1.83 billion compared to the $1.83 billion average estimate based on four analysts. The reported number represents a change of +8.9% year over year.
Shares of Qualcomm have returned -11.9% over the past month versus the Zacks S&P 500 composite's +1.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
View the Zacks #1 Rank List
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Compared to Estimates, Qualcomm (QCOM) Q3 Earnings: A Look at Key Metrics
For the quarter ended June 2026, Qualcomm (QCOM - Free Report) reported revenue of $9.95 billion, down 4% over the same period last year. EPS came in at $2.21, compared to $2.77 in the year-ago quarter.
The reported revenue represents a surprise of +2.44% over the Zacks Consensus Estimate of $9.71 billion. With the consensus EPS estimate being $2.22, the EPS surprise was -0.45%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Qualcomm performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Qualcomm here>>>
Shares of Qualcomm have returned -11.9% over the past month versus the Zacks S&P 500 composite's +1.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.