Earnings Preview: What to Expect From Broadcom's Report

Palo Alto-based Broadcom Inc. (AVGO) is a premier designer, developer and global supplier of a broad range of semiconductor devices, focusing on complex digital and mixed signal complementary metal oxide semiconductor (CMOS) based devices and analog III-V based products. With a market cap of $805.3 billion, Broadcom operates through Semiconductor Solutions and Infrastructure Software segments. It is expected to release its Q4 earnings on Thursday, Dec. 5.

Ahead of the event, analysts expect Broadcom to report a profit of $1.13 per share, up 15.3% from $0.98 per share reported in the year-ago quarter. The company has surpassed Wall Street’s earnings estimates thrice over the past four quarters while missing on one other occasion. Its adjusted EPS for the last reported quarter grew 7.4% year-over-year, reaching $1.02, exceeding the consensus estimates by the same margin.