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On Thursday, August 24th, Broadcom Limited (AVGO - Free Report) will release its third quarter earnings results after the bell. The company is a Zacks Rank 3 (Hold), and have a Value, Growth, and Momentum score of C.

Dave will look at Broadcom Limited’ past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.

Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Broadcom Limited ahead of earnings.

Broadcom Limited in Focus

Broadcom Limited is a designer, developer and supplier of analog and digital semiconductor connectivity solutions. The company provides data center networking, home connectivity, broadband access, telecommunications equipment, smartphones and base stations, data center servers and storage, factory automation, power generation and alternative energy systems and displays. It serves wired infrastructure, wireless communications, enterprise storage and industrial & other market. Broadcom Limited, formerly known as Avago Technologies Limited, is headquartered in Singapore.

Broadcom Limited is expected to report earnings at $3.50 per share according to the Zacks Consensus Estimate. Last quarter they beat earnings expectations by 9.60%. They reported earnings at $3.31per share, beating their estimate of $3.02. They have an average earnings surprise of 6.73%.

Broadcom Limited Price, Consensus and EPS Surprise

Broadcom Limited Price, Consensus and EPS Surprise | Broadcom Limited Quote

Bottom Line

How should investors play Broadcom Limited ahead of their earnings report? For insights on the best options trades, then tune in at 11:00am CST today to see David’s thoughts.


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