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Companies issue guidance, or expectations of future EPS and revenue, so investors have a sense of how much money a company will make in a future period.
The most recent guidance for Qualcomm (QCOM) was reported on July 31, 2024 for Q4 2024. The company provided earnings per share guidance in the range of $2.45 to $2.65, compared to the estimated EPS of $2.45. Additionally, Qualcomm forecasted revenue between $9.50B and $10.30B for the quarter.
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