Broadcom Inc. (AVGO) Surpasses Q3 Earnings and Revenue Estimates

Broadcom Inc. (AVGO) came out with quarterly earnings of $1.69 per share, beating the Zacks Consensus Estimate of $1.66 per share. This compares to earnings of $1.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +1.81%. A quarter ago, it was expected that this chipmaker would post earnings of $1.57 per share when it actually produced earnings of $1.58, delivering a surprise of +0.64%.Over the last four quarters, the company ...