Earnings Preview: Broadcom

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Earnings Preview: Broadcom

Published on Monday, 26 July 2010 12:33 Written by Gerard Lerod

brcm New York, July 26th (TradersHuddle.com) - Shares of Broadcom Corporation (NASDAQ:BRCM) are trading higher by +1.17% ahead of its quarterly earnings release. Broadcom, the provider of chips that enable broadband digital data transmission is expected to release its quarterly results on July 27^th.

Wall Street Analysts consensus calls for a profit of $0.61 a share on $1.59 billion revenue.

Broadcom estimates have a range of $0.22 a share. The high estimate calls for profit of $0.65 a share and the low estimate is calling for a profit of $0.43 a share, a year ago for the quarter the company reported $0.25 a share.

Broadcom Corporation (NASDAQ:BRCM) 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.

Insiders Trading END, JKHY, BRCM, RAX - TheStreet.com
Analysts' Actions: CMG, QCOM, DELL, BRCM - TheStreet.com
Canaccord Initiates Broadcom at Buy - Benzinga
Benchmark Reiterates Buy, $40 Target on Broadcom - Benzinga
UPDATE: Auriga Downgrades Broadcom to Hold, Raises PT to $37 - Benzinga
UPDATE: FBR Raises Broadcom's PT from $41 to $42 - Benzinga
Auriga Downgrades Broadcom to Hold - Benzinga
Broadcom Bounces on Better Than Expected Q4 EPS - Benzinga
Broadcom Announces 11% Increase in Quarterly Cash Dividend to $0.10 - Benzinga
BRCM: Broadly Spread Over Time - TheStreet.com

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