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Broadcom Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Broadcom Inc. (NASDAQ:AVGO) is set to release second-quarter financial results, after the closing bell on Wednesday. Analysts expect the Palo Alto, California-based company to report quarterly earnings at $10.80 per share, up from $10.32 per share in the year-ago period. Broadcom is expected to post revenue of $12.03 billion, according to data from Benzinga Pro. On May 20, Broadcom announced its latest portfolio of highly-scalable, high-performing, low-power 400G PCIe Gen 5.0 Ethernet adapters for the data center ecosystem. Broadcom shares rose 2.4% to close at $1,440.47 on Monday. Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company ...