Qualcomm Inc. is scheduled to report fiscal second-quarter earnings after the market closes Wednesday. Analysts expect sliding revenue and profit, but their focus has shifted to the future after the chip maker settled a long-running legal dispute with Apple Inc. in mid-April, sending its shares up more than 50%. Here’s what to expect:EARNINGS FORECAST: Analysts surveyed by FactSet expect Qualcomm to report adjusted earnings of 71 cents a share. The company reported $363 million in net income for the year-ago period. Adjusted...
Source: Wall Street Journal May 01, 2019 09:22 UTC