CORRECTION: Broadcom Q3 Adj. EPS $3.32 Beats $3.24 Estimate, Sales $29.591B Beat $29.362B Estimate
Broadcom (NASDAQ:AVGO) reported quarterly earnings of $3.32 per share which beat the analyst consensus estimate of $3.24 by 2.47 percent. This is a 96.45 percent increase over earnings of $1.69 per share from the same
Broadcom made more money than experts predicted—they earned $3.32 per share instead of the expected $3.24, and their sales were higher too. When a company beats what people expected, it usually means the business is running well and people feel more confident about it.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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