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Barchart
Barchart
Wajeeh Khan

Ahead of Qualcomm Earnings, Here's What Barchart Data Says Comes Next for QCOM Stock

Qualcomm QCOM Barchart

Qualcomm (QCOM) shares are under immense pressure ahead of the firm’s Q2 earnings scheduled for release after the market close on Wednesday, July 29. Consensus is for the semiconductor giant to record $9.67 billion in revenue on $1.54 in earnings per share (EPS), representing a 32.75% year-over-year decline.

Heading into the quarterly print, Qualcomm stock is down about 35% versus its June high.

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