Broadcom's Earnings Beat Expectations by $0.03, but Profits Fall Short
According to Broadcom's (NASDAQ: AVGO) report, the earnings per share for the fourth quarter came in at $1.42, exceeding analysts' expectations of $1.39 by $0.03. The reported revenue for this quarter was set at $14.05 billion, while analyst expectations were $14.07 billion.
For the first quarter of 2025, Broadcom's projected earnings are estimated at $14.60 billion, compared to analyst forecasts of $14.55 billion.
Broadcom's stock closed the day at $180.66, indicating a 7.73% increase in value over the past three months. Over the last 12 months, the stock has appreciated by 65.79%. In the last 90 days, Broadcom recorded 7 positive earnings per share and 2 negative earnings per share.
Check here to see how Broadcom's stock price reacted to past earnings reports. According to InvestingPro, Broadcom's financial health rating is categorized as "Fairly Good."
Explore the latest earnings reports and comprehensive financial information about Broadcom here. Stay updated on all developments related to balance sheets by visiting the Investing.com Earnings Calendar.