Broadcom Inc. Announces Fourth Quarter and Fiscal Year 2022 Financial Results and Quarterly Dividend

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Broadcom Limited (AVGO) PT Raised to $550 at Cowen

December 9, 2022 7:35 AM EST

Cowen analyst Matthew Ramsay raised the price target on Broadcom Limited (NASDAQ: AVGO) to $550.00 (from $540.00) while maintaining a Market Perform rating.

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Broadcom (AVGO) Tops Q4 EPS by 17c, Guides

December 8, 2022 4:17 PM EST

Broadcom (NASDAQ: AVGO) reported Q4 EPS of $10.45, $0.17 better than the analyst estimate of $10.28. Revenue for the quarter came in at $8.93 billion versus the consensus estimate of $8.9 billion.

GUIDANCE:

Broadcom sees Q1 2023 revenue of $8.9 billion, versus the consensus of $8.79 billion.

For earnings history and earnings-related data on Broadcom (AVGO) click here.

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