Artificial intelligence and automotive revenue, as well as growth initiatives, are among the items investors and analysts will be watching when semiconductor companyQualcomm Inc(NASDAQ:QCOM) reports third-quarter financial results on Wednesday, July 31 after market close.
Earnings Estimates:Analysts expect Qualcomm to report third-quarter revenue of $9.22 billion, according to data from Benzinga Pro.
The company reported revenue of $8.44 billion in last year's third quarter. Qualcomm has beaten analysts' revenue estimates in three straight quarters and eight of the past 10 quarters.
Analysts expect Qualcomm to report third-quarter earnings per share of $2.25, compared to $1.87 reported in last...
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