Broadcom is slated to report its fiscal Q2 earnings after the close, with a conference call scheduled for 5 PM to discuss the results.
Current analyst estimates call for Non-GAAP EPS of $4.74 on revenues of $5 bln (+19% y/y). In late April, the company narrowed its guidance for revenues to $5 bln +/- $25 mln.
In addition, the company guided for Q3 revenues of $4.975-5.125 bln (vs. the now $5.06 bln analyst estimate).
Broadcom currently has a market cap of $108 bln and trades at a P/E of 13.9 & P/S of 5.2.