Broadcom Reports Fourth Quarter Earnings
Investing.com – Broadcom (NASDAQ: AVGO) reported fourth quarter EPS of $1.42, beating the analyst estimate of $1.39 by $0.03. Revenue for the quarter was $14.05B, slightly below the consensus estimate of $14.07B.
Guidance
Broadcom anticipates Q1 2025 revenue of $14.60B, exceeding the analyst consensus of $14.55B.
Broadcom's stock price closed at $180.66. The stock has increased 7.73% over the last three months and 65.79% in the past year.
In the last 90 days, Broadcom experienced 7 positive EPS revisions and 2 negative EPS revisions. For insights into Broadcom's stock price reactions to earnings, visit the provided link.
According to InvestingPro, Broadcom's Financial Health score indicates good performance.
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