Earnings Summary

Qualcomm Incorporated’s revenue jumped 1.23% since last year same period to $9389Mn in the Q1 2024. On a quarterly growth basis, Qualcomm Incorporated has generated -5.5% fall in its revenue since last 3-months.

Qualcomm Incorporated’s net profit jumped 36.5% since last year same period to $2326Mn in the Q1 2024. On a quarterly growth basis, Qualcomm Incorporated has generated -15.94% fall in its net profits since last 3-months.

Qualcomm Incorporated’s net profit margin jumped 34.84% since last year same period to 24.77% in the Q1 2024. On a quarterly growth basis, Qualcomm Incorporated has generated -11.05% fall in its net profit margins since last 3-months.

Qualcomm Incorporated’s price-to-earnings ratio after this Q1 2024 earnings stands at 24.14.

Qualcomm Incorporated’s earning per share (EPS) estimates for the current quarter stand at 2.25 - a -3.02% fall from last quarter’s estimates.

Qualcomm Incorporated’s earning per share (EPS) estimates for the current year stand at 2.25.

Qualcomm Incorporated’s earning per share (EPS) jumped 13.49% since last year same period to 2.44 in the Q1 2024. This indicates that the Qualcomm Incorporated has generated 13.49% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Qualcomm Incorporated’s return on assets (ROA) stands at 0.11.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Qualcomm Incorporated’s return on equity (ROE) stands at 0.38.

Qualcomm Incorporated declared 0.8 dividend per share during the earnings announcement for Q1 2024.