Broadcom (AVGO) Earnings Date, Estimates & Call Transcripts

$1,294.42
+37.60 (+2.99%)
(As of 04/25/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Jun. 6Estimated
Actual EPS
(Mar. 7)
$10.99 Beat By $2.04
Consensus EPS
(Mar. 7)
$8.95
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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 announced its quarterly earnings data on March 7th, 2024. The semiconductor manufacturer reported $10.99 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $8.95 by $2.04. The company earned $11.96 billion during the quarter, compared to analyst estimates of $11.79 billion. Its revenue was up 34.2% compared to the same quarter last year. Broadcom has generated $26.98 earnings per share over the last year ($26.98 diluted earnings per share) and currently has a price-to-earnings ratio of 47.8. Earnings for Broadcom are expected to grow by 29.35% in the coming year, from $35.88 to $46.41 per share. Broadcom has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, June 6th, 2024 based off prior year's report dates.

Broadcom Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
6/6/2024
Estimated)
------- 
3/7/2024Q1 2024$8.95$10.99+$2.04$14.26$11.79 billion$11.96 billion      
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  

Broadcom Earnings - Frequently Asked Questions

When is Broadcom's earnings date?

Broadcom has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, June 6th, 2024 based off last year's report dates. Learn more on AVGO's earnings history.

Did Broadcom beat their earnings estimates last quarter?

In the previous quarter, Broadcom (NASDAQ:AVGO) reported $10.99 earnings per share (EPS) to beat the analysts' consensus estimate of $8.95 by $2.04. 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 $26.98 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 47.78 and a forward price-to-earnings ratio of 35.93. The price/earnings-to-growth ratio is 2.55.

What is Broadcom's EPS forecast for next year?

Broadcom's earnings are expected to grow from $35.88 per share to $46.41 per share in the next year, which is a 29.35% increase.


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This page (NASDAQ:AVGO) was last updated on 4/25/2024 by MarketBeat.com Staff

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