Qualcomm Stock Outperforms Major Indexes as Earnings Estimate Beats Sector
• Qualcomm (QCOM) stock recently closed at $141.54, up 1.97% and beating the S&P 500, Dow, and Nasdaq
• QCOM shares gained 7.66% over the past month, outpacing its sector and the S&P 500
• QCOM's upcoming EPS is projected to be $2.34, down 1.27% year-over-year; revenue of $9.49B expected, up 0.37%
• Full-year consensus estimates call for QCOM earnings of $9.10 per share, up 7.95%, and revenue of $37.38B, up 4.38%
• QCOM currently trades at a Forward P/E of 15.26, representing a premium to its industry average P/E of 14.02