Broadcom Inc. Announces Fourth Quarter and Fiscal Year 2021 Financial Results and Quarterly Dividends
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December 10, 2021 9:50 AM EST
Broadcom (NASDAQ: AVGO) is trading up 9% following strong earnings, guidance, and buyback news.
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December 10, 2021 8:47 AM EST
BMO Capital analyst Ambrish Srivastava raised the price target on Broadcom Limited (NASDAQ: AVGO) to $675.00 (from $625.00) while maintaining an Outperform rating.
The analyst commented, "Our bigger takeaway from the call was Broadcom following up on its commitment to shareholder return. It... More
December 9, 2021 5:24 PM EST
Broadcom (NASDAQ: AVGO) shares were trading more than 6% higher after-hours following the companys reported Q4 results, with EPS coming in at $7.81, beating the consensus estimate of $7.41. Quarterly revenue was $7.6 billion, compared to the consensus estimate of $7.36 billion.
According to Hock Tan,... More
December 9, 2021 4:17 PM EST
Broadcom (NASDAQ: AVGO) reported Q4 EPS of $7.81, $0.40 better than the analyst estimate of $7.41. Revenue for the quarter came in at $7.6 billion, may not compare versus the consensus estimate of $7.36 billion.
GUIDANCE:
Broadcom sees Q1 2022 revenue of $7.6 billion, versus the consensus of $7.25... More
