Reported 2 days ago
In the latest trading session, Broadcom Inc. (AVGO) saw a decline of 1.36% to $349.33, underperforming against the S&P 500's increase of 0.53%. Despite a monthly gain of 2.55%, the company is set to release its financial results soon, with projected earnings per share at $1.87, indicating significant year-over-year growth. Analysts expect revenue to reach $17.5 billion, reflecting a 24.49% increase compared to last year. The stock holds a Zacks Rank of #3 (Hold), and investors should monitor any changes in analyst estimates and valuation metrics to inform their trading decisions.
Source: YAHOO