S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Friday, 3/1/2024
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Question of whether Nebraska public money can go to private schools still set for November ballot
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Critical asset just had biggest fall on record (Ad)
Peace, music and memories: As the 1960s fade, historians scramble to capture Woodstock's voices
Georgia's largest county is still repairing damage from January cyberattack
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Friday, 3/1/2024
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Question of whether Nebraska public money can go to private schools still set for November ballot
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
Critical asset just had biggest fall on record (Ad)
Peace, music and memories: As the 1960s fade, historians scramble to capture Woodstock's voices
Georgia's largest county is still repairing damage from January cyberattack
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Friday, 3/1/2024
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Question of whether Nebraska public money can go to private schools still set for November ballot
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
Critical asset just had biggest fall on record (Ad)
Peace, music and memories: As the 1960s fade, historians scramble to capture Woodstock's voices
Georgia's largest county is still repairing damage from January cyberattack
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Friday, 3/1/2024
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Question of whether Nebraska public money can go to private schools still set for November ballot
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
Critical asset just had biggest fall on record (Ad)
Peace, music and memories: As the 1960s fade, historians scramble to capture Woodstock's voices
Georgia's largest county is still repairing damage from January cyberattack

Broadcom (AVGO) Earnings Date, Estimates & Call Transcripts

$1,399.17
+98.68 (+7.59%)
(As of 03/1/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Mar. 7
After Market Closes
Confirmed
Actual EPS
(Dec. 7)
$11.06 Beat By $0.10
Consensus EPS
(Dec. 7)
$10.96
Skip Charts & View Estimated and Actual Earnings Data

AVGO Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

AVGO Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Broadcom Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20241$9.71$9.71$9.71 
Q2 20241$9.52$9.52$9.52 
Q3 20241$10.22$10.22$10.22 
Q4 20241$10.77$10.77$10.77 
FY 20244$40.22$40.22$40.22 
Q1 20251$9.67$9.67$9.67 
Q2 20251$9.55$9.55$9.55 
Q3 20251$9.86$9.86$9.86 
Q4 20251$10.30$10.30$10.30 
FY 20254$39.38$39.38 $39.38

AVGO Earnings Date and Information

Broadcom last released its quarterly earnings results on December 7th, 2023. The semiconductor manufacturer reported $11.06 earnings per share for the quarter, topping analysts' consensus estimates of $10.96 by $0.10. The firm earned $9.30 billion during the quarter, compared to analyst estimates of $9.28 billion. Its quarterly revenue was up 4.1% on a year-over-year basis. Broadcom has generated $32.94 earnings per share over the last year ($32.94 diluted earnings per share) and currently has a price-to-earnings ratio of 42.5. Earnings for Broadcom are expected to grow by 20.20% in the coming year, from $41.79 to $50.23 per share. Broadcom has confirmed that its next quarterly earnings report will be published on Thursday, March 7th, 2024. Broadcom will be holding an earnings conference call on Thursday, March 7th at 5:00 PM Eastern. Interested parties can register for or listen to the call..

Broadcom Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
3/7/2024
Confirmed)
-------  
12/7/2023Q4 2023$10.96$11.06+$0.10$11.35$9.28 billion$9.30 billion      
8/31/2023Q3 2023$10.43$10.54+$0.11$11.20$8.85 billion$8.85 billion      
6/1/2023Q2 2023$10.12$10.32+$0.20$10.87$8.70 billion$8.73 billion    
3/2/2023Q1 2023$9.38$10.33+$0.95$10.86$8.90 billion$8.92 billion    
12/8/2022Q4 2022$9.50$9.75+$0.25$11.67$8.90 billion$8.93 billion    
9/1/2022Q3 2022$8.84$9.07+$0.23$10.99$8.41 billion$8.46 billion      
5/26/2022Q2 2022$7.88$8.39+$0.51$10.85$7.91 billion$8.10 billion    
3/3/2022Q1 2022$8.08$8.39+$0.31$9.77$7.61 billion$7.71 billion    
12/9/2021Q4 2021$7.74$7.81+$0.07$9.57$7.36 billion$7.41 billion    
9/1/2021Q3 2021$6.88$6.96+$0.08$8.44$6.76 billion$6.78 billion    
6/2/2021Q2 2021$6.43$6.62+$0.19$8.48$6.51 billion$6.61 billion  
3/3/2021Q1 2021$6.56$6.61+$0.05$8.51$6.61 billion$6.66 billion  












Broadcom Earnings - Frequently Asked Questions

When is Broadcom's earnings date?

Broadcom has confirmed that its next quarterly earnings data will be published on Thursday, March 7th, 2024. Learn more on AVGO's earnings history.

Did Broadcom beat their earnings estimates last quarter?

In the previous quarter, Broadcom (NASDAQ:AVGO) reported $11.06 earnings per share (EPS) to beat the analysts' consensus estimate of $10.96 by $0.10. Learn more on analysts' earnings estimate vs. AVGO's actual earnings.

How can I listen to Broadcom's earnings conference call?

The conference call for Broadcom's latest earnings report can be listened to online. Listen to Conference Call

How can I read Broadcom's conference call transcript?

The conference call transcript for Broadcom's latest earnings report can be read online. Read Transcript

How can I view Broadcom's earnings report?

Broadcom's earnings report can be found in their filing with the SEC. View SEC filing

How much revenue does Broadcom generate each year?

Broadcom (NASDAQ:AVGO) has a recorded annual revenue of $35.82 billion.

How much profit does Broadcom generate each year?

Broadcom (NASDAQ:AVGO) has a recorded net income of $14.08 billion. AVGO has generated $32.94 earnings per share over the last four quarters.

What is Broadcom's price-to-earnings ratio?

Broadcom (NASDAQ:AVGO) has a trailing price-to-earnings ratio of 42.48 and a forward price-to-earnings ratio of 33.48. The price/earnings-to-growth ratio is 2.43.

What is Broadcom's EPS forecast for next year?

Broadcom's earnings are expected to grow from $41.79 per share to $50.23 per share in the next year, which is a 20.20% increase.


More Earnings Resources from MarketBeat

This page (NASDAQ:AVGO) was last updated on 3/2/2024 by MarketBeat.com Staff