- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
Broadcom Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average estimate of analysts is for net income of 52 cents per share, a rise of 15.6% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 55 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 52 cents during the last month. Analysts are projecting profit to rise by 9.2% compared to last year’s $2.01.
Past Earnings Performance: Last quarter, the company beat estimates by 2 cents, coming in at profit of 58 cents a share versus the estimate of net income of 56 cents a share. It marked the fourth straight quarter of beating estimates.
Start 2013 better than ever by saving time and making money with your Limited Time Offer for our highly-acclaimed Stock Picker Newsletter. Click here for our fresh Feature Stock Pick now!
A Look Back: In the third quarter, profit fell 18.5% to $220 million (38 cents a share) from $270 million (48 cents a share) the year earlier, but exceeded analyst expectations. Revenue rose 8.7% to $2.13 billion from $1.96 billion.
Here’s how Broadcom traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week:
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.