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Qualcomm, Inc. (QCOM) Misses EPS Estimates, Shares Down

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HFA Staff
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QUALCOMM, Inc. (NASDAQ:QCOM) released its earnings numbers for the three months through September this afternoon after the market closed on Wall Street. The company showed earnings per share of $1.05 for the three month period. Analysts following the company were expecting it to report around $1.08 per share. After the numbers emerged shares in the company dropped by more than 4% in after-market trading.
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Revenue for the third quarter of the year came in at $6.48 billion. Analysts were expecting the company to show revenue totaling $6.35 billion by consensus. QUALCOMM, Inc. (NASDAQ:QCOM) shares had traded up on Wednesday in anticipation of this earnings release....

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