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What to Look for in Broadcom Earnings

Broadcom Ltd. (NASDAQ: AVGO) is scheduled to release its fiscal third-quarter financial results after the markets close on Thursday. This company exceeded earnings expectations for its first quarter operating as a combined company. Its increased scale and diversity already was proving very resilient, with strong product cycles in its now largest segment, wired. Can Broadcom keep it up this quarter?

It’s worth noting that Broadcom is the successor to Avago Technologies, after a successful acquisition back in February.

The consensus estimates from Thomson Reuters are $2.77 in earnings per share (EPS) on $3.76 billion in revenue. The same period from last year reportedly had $2.24 in EPS on $1.75 billion in revenue.

The company produces...


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