Qualcomm Earnings Could Disappoint. Smartphone Demand Could Be Why.

Qualcomm, the maker of mobile processors and 5G wireless chipsets, may report muted earnings results after Thursday’s market close.

Wall Street’s consensus estimate calls for




) to report $9.6 billion in revenue for the quarter ended Dec. 31, with adjusted earnings per share of $2.36. Meanwhile, analysts are expecting EPS of $2.29 and revenue of $9.56 billion for the current quarter.

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