Earnings Summary

Broadcom Inc.’s revenue jumped 34.17% since last year same period to $11961Mn in the Q1 2024. On a quarterly growth basis, Broadcom Inc. has generated 28.68% jump in its revenue since last 3-months.

Broadcom Inc.’s net profit fell -64.89% since last year same period to $1325Mn in the Q1 2024. On a quarterly growth basis, Broadcom Inc. has generated -62.4% fall in its net profits since last 3-months.

Broadcom Inc.’s net profit margin fell -73.83% since last year same period to 11.08% in the Q1 2024. On a quarterly growth basis, Broadcom Inc. has generated -70.78% fall in its net profit margins since last 3-months.

Broadcom Inc.’s price-to-earnings ratio after this Q1 2024 earnings stands at 45.4.

Broadcom Inc.’s earning per share (EPS) estimates for the current quarter stand at 10.76 - a 4.57% jump from last quarter’s estimates.

Broadcom Inc.’s earning per share (EPS) estimates for the current year stand at 10.76.

Broadcom Inc.’s earning per share (EPS) jumped 6.39% since last year same period to 10.99 in the Q1 2024. This indicates that the Broadcom Inc. has generated 6.39% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Broadcom Inc.’s return on assets (ROA) stands at 0.08.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Broadcom Inc.’s return on equity (ROE) stands at 0.25.

Broadcom Inc. declared 5.25 dividend per share during the earnings announcement for Q1 2024.