Recap: Broadcom Q4 Earnings
Broadcom (NASDAQ:AVGO) reported its Q4 earnings results on Thursday, December 9, 2021 at 04:00 PM.
Here's what investors need to know about the announcement.
Broadcom Q4 EPS $7.81 Beats $7.74 Estimate, Sales $7.41B Beat $7.36B Estimate
Broadcom (NASDAQ:AVGO) reported quarterly earnings of $7.81 per share which beat the analyst consensus estimate of $7.74 by 0.9 percent. This is a 22.99 percent increase over earnings of $6.35 per share from the same
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5 Stocks To Watch For December 9, 2021
Some of the stocks that may grab investor focus today are:
Wall Street expects Hormel Foods Corporation (NYSE: HRL) to report quarterly earnings at $0.50 per share on revenue of $3.22 billion before the opening bell. Hormel Foods shares rose 0.5% to $43.00 in after-hours trading.
Earnings Scheduled For December 9, 2021
Companies Reporting Before The Bell
• 36KR Holdings (NASDAQ:KRKR) is likely to report quarterly loss at $0.12 per share on revenue of $11.73 million.
Broadcom Reports Purchase Of AppNeta, No Terms Disclosed
Broadcom Inc. (NASDAQ:AVGO) today announced its intent to acquire privately held AppNeta Inc. headquartered in Boston, MA. AppNeta is a leading SaaS-based network performance monitoring solution for the
Credit Suisse Maintains Outperform on Broadcom, Raises Price Target to $620
Credit Suisse analyst John Pitzer maintains Broadcom (NASDAQ:AVGO) with a Outperform and raises the price target from $580 to $620.
Broadcom’s Debt Overview
Shares of Broadcom (NASDAQ:AVGO) increased by 13.63% in the past three months. Before we understand the importance of debt, let us look at how much debt Broadcom has.
Oppenheimer Maintains Outperform on Broadcom, Raises Price Target to $650
Oppenheimer analyst Rick Schafer maintains Broadcom (NASDAQ:AVGO) with a Outperform and raises the price target from $575 to $650.