Broadcom Inc AVGO.OQ AVGO.O is expected to show a rise in quarterly revenue when it reports results on March 6 for the period ending January 31 2025
The Palo Alto California-based company is expected to report a 22.1% increase in revenue to $14.61 billion from $11.96 billion a year ago, according to the mean estimate from 28 analysts, based on LSEG data.The company's guidance on December 12 2024, for the period ended January 31, was for revenue of $14.600 billion.
LSEG's mean analyst estimate for Broadcom Inc is for earnings of $1.49 per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 35 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts had risen by about 0.1% in the last three months.
Wall Street's median 12-month price target for Broadcom Inc is $250.00, above its last closing price of $187.37.
The company's guidance on December 12 2024 for the period ended January 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of of USD9.636 billion.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Oct. 31 2024 | 1.39 | 1.38 | 1.42 | Beat | 2.8 |
Jul. 31 2024 | 1.21 | 1.20 | 1.24 | Beat | 3.1 |
Apr. 30 2024 | 1.06 | 1.08 | 1.10 | Beat | 1.1 |
Jan. 31 2024 | 1.03 | 1.03 | 1.10 | Beat | 6.8 |
Oct. 31 2023 | 1.10 | 1.10 | 1.11 | Beat | 0.7 |
Jul. 31 2023 | 1.05 | 1.04 | 1.05 | Beat | 1.1 |
Apr. 30 2023 | 1.01 | 1.01 | 1.03 | Beat | 2.4 |
Jan. 31 2023 | 1.01 | 1.01 | 1.03 | Beat | 2.3 |
This summary was machine generated March 4 at 21:05 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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