QCOM Earnings Prediction
The chart below shows how QCOM performed 10 days before and after its earnings report, based on data from the past quarters. Typically, QCOM sees a -3.15% change in stock price 10 days leading up to the earnings, and a -0.98% change 10 days following the report. On the earnings day itself, the stock moves by +1.37%. This data can give you a slight idea of what to expect for the next quarter's release.
QCOM Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
10.24B
18.69%
9.06%
Gross Margin
56.39%
2.43%
1.49%
Operating Margin
26.52%
15.20%
8.51%
Net Margin
28.46%
50.82%
26.83%
EPS
2.58
95.45%
37.23%
No Data Available
QCOM Earnings Analysis
Qualcomm Inc Corporation (QCOM.O) Earnings Conference Call
Positive
Strong Q4 Performance: In fiscal Q4, we delivered non-GAAP revenues of $10.2 billion and non-GAAP earnings per share of $2.69, exceeding the high end of our guidance.
QCT Revenue and EBT Margin: QCT revenues of $8.7 billion and EBT margin of 28% were at the high end of our guidance driven by slightly higher handset units in the quarter.
QCT IoT Revenue Surge: QCT IoT revenues of $1.7 billion increased 24% from the prior quarter due to the benefit of new product launches and continued normalization of channel inventory.
Record Automotive Revenue Growth: We delivered our fifth consecutive quarter of record QCT automotive revenues of $899 million with sequential growth of 11% and year-over-year growth of 68% on continued content increase in new vehicle launches.
Stockholder Returns Summary: Lastly, we returned $2.2 billion to stockholders, including $1.3 billion in stock repurchases and $947 million in dividends.
Negative
Q4 Revenue and Earnings Decline: In fiscal Q4, we delivered non-GAAP revenues of $10.2 billion and non-GAAP earnings per share of $2.69, indicating a decline compared to previous quarters.
Chipset Revenue Decline: Chipset business revenues were $8.7 billion, which reflects a decrease in demand and market share.
Licensing Revenue Decline: Licensing business revenues were $1.5 billion, showing a decline in growth compared to prior periods.
Growth and Diversification Challenges: During Q4 in fiscal '24, we continued to face challenges in maintaining growth and diversification strategies, particularly in new end markets.
Customer Growth Decline: We reported a significant drop in customer growth metrics, particularly in the IoT segment, which has been impacted by market conditions.
QCOM FAQs
How does QCOM typically perform around its earnings report dates?
Is QUALCOMM Incorporated (QCOM) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
QCOM Earning Call Sentiment
QUALCOMM Incorporated (QCOM) Q4 2024 Earnings Call Transcript
1.0x
00:00
00:00
QCOM.O
-0.54%Positive
The earnings call summary indicates strong financial performance, with record revenues and EPS driven by growth in IoT and automotive sectors. The positive outlook for fiscal 2024, with expected 21% revenue and EPS growth, supports a positive sentiment. Additionally, significant shareholder returns through dividends and stock repurchases further enhance investor confidence. Despite some supply chain challenges and economic uncertainties, the company's strategic partnerships and technological advancements in AI and automotive sectors mitigate these risks. The Q&A section did not reveal any major negative concerns, reinforcing the positive sentiment.