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QUALCOMM Inc. Earnings In Line With Expectations, Warns For Next Quarter [QCOM]

4/25/01 4:47:49 PM QUALCOMM Inc. reported increased second quarter pro forma EPS Wednesday, in line with analysts` estimates, but the company warned for its third quarter results.

The company reported revenues for the quarter of $713 million, up from $649 million. Pro forma earnings for the quarter were also up from $0.26 per share last year to $0.29 per share this year.

This matches the $0.28 per share market analysts were expecting, according to First Call/Thomson Financial.

Looking to the future, the company said it now believes its third quarter EPS will likely be around $0.21 per share. This is well below the current projections of market analysts, which calls for the company to earn $0.33 per share in the third quarter.

QUALCOMM closed Wednesday`s trading at 62.92, up 3.42 on a volume of 15.6 million share, then gained another 1.08 on 179,200 shares in after hours trading. The stock last traded at 64.00.
 
aus der Diskussion: Qualcomm reißt den Markt runter!!!
Autor (Datum des Eintrages): informer2001  (25.04.01 23:20:45)
Beitrag: 2 von 10 (ID:3390126)
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