On Wednesday, April 19th, Qualcomm (QCOM) will release its second quarter earnings results after the bell. The company is a Zacks Rank 3 (Hold), and have a Value, Growth, and Momentum score of D.
In our video David will take a look at the current state of Qualcomm, their past earnings announcements, and he’ll give us his thoughts on their upcoming earnings call. Furthermore, David will also give us insight on how to play the options market.
Qualcomm in Focus
Qualcomm, Inc. develops and delivers innovative digital wireless communications products and services based on the company's CDMA digital technology. The company's business areas include CDMA integrated circuits and system software; technology licensing; the Binary Runtime Environment for Wireless applications development platform; Eudora e-mail software; digital cinema systems; and satellite-based systems including portions of the Globalstar system and wireless fleet management systems, OmniTRACS and OmniExpress. (Company Press Release).
Qualcomm is expected to report earnings at $1.05 per share according to the Zacks Consensus Estimate. Last quarter they reported earnings at $1.06, meeteing expectations. Their average EPS surprise is 13.01%
QUALCOMM Incorporated Price and Consensus
QUALCOMM Incorporated Price and Consensus | QUALCOMM Incorporated Quote
How should investors play Qualcomm ahead of their earnings report? For insights on the best options trades, then tune in 10:00 am tomorrow to see David’s thoughts.
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QUALCOMM Incorporated (QCOM): Free Stock Analysis Report
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