Broadcom earnings beat by $0.11, revenue topped estimates

Investing.com – Broadcom (NASDAQ: ) reported third quarter EPS of $10.54, $0.11 better than the analyst estimate of $10.43. Revenue for the quarter came in at $8.88B versus the consensus estimate of $8.85B.

Guidance

Broadcom sees Q4 2023 revenue of $9.27B versus the analyst consensus of $9.28B.

Broadcom’s stock price closed at $922.89. It is up 13.66% in the last 3 months and up 87.58% in the last 12 months.

Broadcom saw 19 positive EPS revisions and 5 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 , and Broadcom’s financials here.

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