Broadcom's Upcoming Quarterly Earnings Report
Broadcom Inc. (AVGO) is set to release its fiscal Q3 2026 earnings results, with analysts expecting a significant increase in EPS to $2.83 from $1.26 year-over-year. The company has exceeded Wall Street's expectations in three of the past four quarters but missed once. For fiscal 2026 as a whole, it is projected to report an EPS of $10.24, up 81.9% compared to fiscal 2025. Broadcom shares have risen sharply over the past year, gaining 34.6%, outperforming both the S&P 500 Index and underperforming the tech-heavy XLK ETF. However, its stock dropped by 12.6% after Q2 results due to weaker-than-expected revenue and a lack of an upward revision in long-term AI chip sales forecasts. Analysts remain optimistic about AVGO's future performance with a
Tickers: $AVGO
Topics: earnings semiconductors technology