Broadcom earnings beat by $0.17, revenue topped estimates

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Broadcom earnings beat by $0.17, revenue topped estimates
Credit: © Reuters.

Investing.com - Broadcom (NASDAQ: AVGO ) ( NASDAQ : AVGO) reported fourth quarter EPS of $10.45, $0.17 better than the analyst estimate of $10.28. Revenue for the quarter came in at $8.93B versus the consensus estimate of $8.9B.

Guidance

Broadcom sees Q1 2023 revenue of $8.90B versus the analyst consensus of $8.79B.

Broadcom's stock price closed at $531.08. It is up 1.66% in the last 3 months and down -8.97% in the last 12 months.

Broadcom saw positive EPS revisions and 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 " 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

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