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Broadcom Q1 Adj. EPS $5.25 Misses $5.34 Estimate, Sales $5.858B Miss $6B Estimate

Broadcom (NASDAQ:AVGO) reported quarterly earnings of $5.25 per share which missed the analyst consensus estimate of $5.34 by 1.69 percent. This is a 5.41 percent decrease over earnings of $5.55 per share from the same

Benzinga · 03/12/2020 20:15

Broadcom (NASDAQ:AVGO) reported quarterly earnings of $5.25 per share which missed the analyst consensus estimate of $5.34 by 1.69 percent. This is a 5.41 percent decrease over earnings of $5.55 per share from the same period last year. The company reported quarterly sales of $5.858 billion which missed the analyst consensus estimate of $6 billion by 2.37 percent. This is a 1.19 percent increase over sales of $5.789 billion the same period last year.