QUALCOMM Ahead of Earnings

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QUALCOMM Ahead of Earnings

Published on Tuesday, 31 January 2012 12:24 Written by Danny Miller

qcom New York, January 31st (TradersHuddle.com) - Shares of QUALCOMM Incorporated (NASDAQ:QCOM) are trading higher by +0.05% ahead of its quarterly earnings release. QUALCOMM, the maker of integrated CDMA chipsets for wireless products is expected to release its quarterly results on January 1^st.

Wall Street Analysts consensus calls for a profit of $0.9 a share on $4.57 billion revenue.

QUALCOMM estimates have a range of $0.07 a share. The high estimate calls for profit of $0.95 a share and the low estimate is calling for a profit of $0.88 a share, a year ago for the quarter the company reported $0.82 a share.

QUALCOMM Incorporated (NASDAQ:QCOM) develops and delivers digital wireless communications products and services based on ots CDMA digital technology. It provides integrated CDMA chipsets and systems software, technology licensing, Eudora email software, and satellite based systems.

Other companies on the watch on this earnings event are Broadcom Corporation NASDAQ:BRCM and Marvell Technology Group Ltd. NASDAQ:MRVL.