Broadcom Earnings Preview: Can This Streak Continue?

Broadcom (NASDAQ:BRCM) will report earnings after markets close on Tuesday, July 23rd. Broadcom Corporation provides integrated silicon solutions that enable broadband digital data transmission of voice, data, and video content to the home and within the business enterprise. The Company designs, develops, and supplies integrated circuits for cable set-top boxes, cable modems, high-speed networking, direct satellite and digital broadcast, and digital subscriber line.

Here is your Cheat Sheet to Broadcom Earnings:

Earnings Expectations: Analysts expect earnings of $0.68 per share on revenues of $2.10 billion. Currently, the company’s P/E ratio stands at 24.42.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.76 and has not changed. For the current year, the average estimate is a profit of $2.88, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Broadcom has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 4,658 4,490 6,818 7,389 8,006
Diluted EPS ($) 0.41 0.13 1.99 1.65 1.25

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 1,971.00 2,128.00 2,080.00 2,005.00
Diluted EPS ($) 0.28 0.38 0.43 0.33

Past Performance:
Broadcom has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]