Is Broadcom (AVGO) Stock Worth Buying Ahead of Q2 Earnings?

Broadcom (AVGO) is set to report its second-quarter fiscal 2024 results on June 12.The Zacks Consensus Estimate for revenues is pegged at $12.04 billion, suggesting growth of 37.88% from Q2 2023 reported figures.The consensus mark for earnings has increased 0.8% to $10.79 per share over the past 30 days, indicating 4.55% growth from Q2 2023.Broadcom’s earnings beat the Zacks Consensus Estimate in all the trailing four quarters, the average earnings surprise being 2.81%.Fiscal second-quarter results are expe ...