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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 173.20-3.3%3:59 PM EST
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To: cfoe who wrote (6635)1/28/2001 1:26:18 AM
From: puzzlecraft  Read Replies (2) of 196532
 
The $34 million G* loss was very likely pre-tax, while the .29 EPS post-tax. Throw in the 35% pro-forma tax rate and do some unrounding:

.2873 pro forma EPS
.0422 Pretax G* loss

.2873 + 65% of .0422 = .3147 or .31 EPS

.04 = .02!
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