For the quarter ended March 2025, Qualcomm (QCOM) reported revenue of $10.84 billion, up 15.4% over the same period last year. EPS came in at $2.85, compared to $2.44 in the year-ago quarter.

The reported revenue represents a surprise of +1.55% over the Zacks Consensus Estimate of $10.67 billion. With the consensus EPS estimate being $2.83, the EPS surprise was +0.71%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Qualcomm performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Revenue- QCT- Handsets: $6.93 billion versus $6.89 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +12.1% change.
• Revenue- QCT- Automotive: $959 million compared to the $889.52 million average estimate based on four analysts. The reported number represents a change of +59% year over year.
• Revenue- QTL: $1.32 billion versus $1.35 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +0.1% change.
• Revenue- QCT: $9.47 billion versus the four-analyst average estimate of $9.23 billion. The reported number represents a year-over-year change of +18%.
• Revenue- QCT- IoT: $1.58 billion versus the four-analyst average estimate of $1.45 billion. The reported number represents a year-over-year change of +27.2%.
• Income / (loss) before taxes- QTL: $929 million versus the two-analyst average estimate of $987.86 million.
• Income / (loss) before taxes- QCT: $2.86 billion versus the two-analyst average estimate of $2.87 billion.

View all Key Company Metrics for Qualcomm here>>>

Shares of Qualcomm have returned -4% over the past month versus the Zacks S&P 500 composite's -0.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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