Post-earnings recap
Reported
Wed, Mar 1, 2017
Est. EPS
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Est. revenue
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Implied move
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EPS beat rate
100%
Broadcom's strong EPS performance, exceeding expectations by over 20%, led to a positive stock reaction, with shares rising by 2%. The lack of revenue figures and guidance may leave some investors cautious, but management's comments on demand suggest potential for future growth.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $3.63 | N/A | +20.20% |
| Revenue | N/A | N/A | N/A |
Overall, management conveyed a sense of cautious optimism regarding the company's performance. They noted strong demand in certain sectors, which could bode well for future growth.
Management expressed satisfaction with the EPS performance despite not providing revenue figures.
They highlighted ongoing demand in key markets as a positive sign for future quarters.
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Est. EPS
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Est. Rev
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Impl. Move
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