QUALCOMM Incorporated Earnings Preview: Analyts Expect Higher Earnings, Revenue from Prior Quarter

It's time to gear up for QUALCOMM Incorporated QCOM earnings! Keep your head in the game: The company releases its next round of earnings this Wednesday, July 20, 2011.

Want to get all the facts ahead of this Wednesday's announcement? We thought so. Here's an advanced look at QUALCOMM Incorporated's third quarter earnings report.

Let's Do the Numbers:

Wall Street expects a positive EPS reading of 62 cents per share and revenues of $3.59 billion. We'll know on Wednesday whether QUALCOMM Incorporated has managed the estimated 136% increase in EPS and 133% rise in revenues on a year-over-year basis.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter	Q2	Q1	Q4	Q3
EPS Estimate	$0.72	$0.63	$0.51	$0.47
EPS Actual	$0.77	$0.69	$0.53	$0.50

Stock Performance:

As of July 14, 2011, QUALCOMM Incorporated's current share price was $54.92. Shares are up 11.8% year to date.

Average Stock Rating:

The average rating by analysts for QUALCOMM Incorporated is a Moderate Buy. The strength of this rating has declined slightly over the past three months.

Competitors:

Looking for a sympathy stock to trade or interested in the performance of other companies in the same sector? Take a look at some of QUALCOMM Incorporated's peers.

• Broadcom BRCM: Moderate Buy with a $0.40 recent quarter EPS
• Telefonaktiebolaget LM Ericsson (ADR ERIC: Hold with a $0.25 recent quarter EPS
• Intel INTC: Moderate Buy with a $0.56 recent quarter EPS
• Motorola Mobility Holdings MMI: Hold with a -$0.22 recent quarter EPS

Finally, a description of the main business areas of the company, in case you need a little refresher: Qualcomm Incorporated designs and manufactures digital wireless telecommunications products and services based on its CDMA technology and other technologies.

Take Action:

Now that you're fully prepared, get ready to take quick action if the company reports any numbers significantly different from those listed above. Also, check back in with us after the announcement for a full recap and what-to-do-next guide.

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