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Actionable news in BRCM: Broadcom Corporation,

What to Look For When Broadcom (BRCM) Releases Quarterly Results

NEW YORK (TheStreet) -- Broadcom (BRCM - Get Report) shares are falling 0.5% to $51.63 in mid-day trading on Monday, ahead of its third quarter fiscal 2015 earnings results due out after the closing bell today.

Year-over-year, earnings and revenue are projected to drop.

Analysts are expecting the semiconductor company to earn 74 cents a share on revenue of $2.14 billion.

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In the same period the year before, the company earned 91 cents a share on revenue of $2.26 billion.

Despite the weak outlook, the company's future looks bullish due to product cycles and new launches from key customers, according to Forbes.

Based in Irvine, CA, Broadcom provides semiconductor solutions for wired and wireless communications. Its products offer voice, video, data, and multimedia connectivity in the home, office, and mobile environments.

Separately, TheStreet Ratings team rates BROADCOM CORP as a Buy with a...