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QCOM Qualcomm Incorporated

Q2'23 · Reported 2023-08-02

Headline Verdict

BEATby +3.3%

EPS $1.87 vs $1.81 estimated

Market Reaction:DIP-2.1%
DISCONNECT — Beat earnings but stock dropped

EPS & Revenue

Reported EPS

$1.87

Estimated EPS

$1.81

Surprise

+3.3%

Revenue

$8.5B

EPS YoY

-36.8%

Revenue YoY

-22.7%

Market Reaction

Day Of

-2.1%

Dip

Next Day

-10.1%

Selloff

5-Day

-11.7%

Selloff

Close Before

$132.08

Close After

$129.27

Streak & Context

Beat Streak

+1 Q

Beat / Miss

BEAT

Macro Environment

Fed Rate

5.33%

CPI

307.026

Unemployment

3.7%

10Y Treasury

4.17%

2Y Treasury

4.9%