According to the Zhito Finance APP, Broadcom (AVGO.US) is expected to announce its fourth quarter earnings report after the market closes on Thursday, December 12, and the market generally expects the company to achieve positive growth, driven mainly by the recovery of its non-AI semiconductor business. Wall Street analysts anticipate that Broadcom's EPS will reach $1.39, with revenue expected to be $14.06 billion, a 51.2% increase compared to the same period last year.

As Broadcom is about to announce its fourth fiscal quarter results, Citigroup reiterated its "Buy" rating on the company and raised its Target Price. Analyst Christopher Daniele noted in a report that Broadcom's performance is expected to exceed expectations, benefiting from the recovery of its non-AI semiconductor business, and the gross margin outlook is better than expected due to improvements in the software portfolio.

Although JPMorgan also believes that Broadcom's fourth quarter results will exceed expectations, due to the seasonal trends in its core semiconductor business, expectations for revenue in the next quarter may be adjusted downward. JPMorgan's analysts stated in a report, "Overall, we believe there are no revenue risks for fiscal year 2025; in fact, we expect full-year revenue and EPS to rise, and anticipate that demand for its AI products will remain strong."

Broadcom has consistently outperformed market expectations, with its revenue and EPS exceeding expectations 100% of the time over the past two years. The AI-centered Global Strategy has yielded returns for Broadcom this year, with its stock price rising over 58% year to date, outperforming the S&P 500 Index, which increased by 26%. Over the past three months, there have been several revisions to Broadcom's financial estimates, with EPS estimates raised seven times and lowered twice, while revenue estimates were raised six times and lowered twice.

Although Broadcom's earnings forecast for the last quarter was below expectations, disappointing some investors, the company expects fourth quarter revenue to be $14 billion, with adjusted EBITDA accounting for about 64% of total revenue, indicating that its financial condition remains robust.