Broadcom earnings beat by $0.03, revenue topped estimates

Broadcom (NASDAQ: AVGO ) reported third quarter EPS of $1.24, $0.03 better than the analyst estimate of $1.21. Revenue for the quarter came in at $13.07B versus the consensus estimate of $12.97B. Guidance



Broadcom sees Q4 2024 revenue of $14.00B versus the analyst consensus of $12.70B.





Broadcom's stock price closed at $152.82. It is up 8.64% in the last 3 months and up 75.20% in the last 12 months.

Broadcom saw 20 positive EPS revisions and 8 negative EPS revisions in the last 90 days. See Broadcom's stock price’s past reactions to earnings here.

According to InvestingPro, Broadcom's Financial Health score is "great performance".

Check out Broadcom's recent earnings performance , and Broadcom's financials here.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

Source: Investing.com