Qualcomm Inc. (QCOM) Is Falling On Weak Q4 Forecast

Qualcomm Inc. (QCOM) reported third quarter EPS of $0.83 after the bell Wednesday, down from $1.16 a year ago. Analysts expected EPS of $0.81. The company expects to report fourth quarter EPS of $0.75 to $0.85. Street expectations are for EPS of $0.90. The stock is now down 1.03 on just over 1 million shares.

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